Premier Lender Program – NJEDA Financing for Wineries and Vineyards
The Premier Lender Program by the New Jersey Economic Development Authority supports wineries and vineyards with financing for scientific and operational upgrades to advance New Jersey’s wine industry.
Funder: New Jersey Economic Development Authority
Due Dates: Rolling
Funding Amounts: Amount and terms vary; financing is provided via NJEDA participation or guarantee through partner banks for qualified capital expenditures.
Summary: Provides New Jersey wineries and vineyards with access to affordable financing for business growth through NJEDA-backed bank partnerships.
Description
The Premier Lender Program offers New Jersey wineries and vineyards a specialized financing pathway to support business expansion and capital needs. Through partnerships with 26 Premier Lender banks, the New Jersey Economic Development Authority (NJEDA) participates in or guarantees a portion of the financing, reducing borrowing costs and improving access to commercial loans. Funds can be used for a wide range of qualified capital expenditures essential to winery and vineyard operations. The program aims to foster growth and strengthen the agricultural and wine industries within New Jersey.
