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Last updated: July 11, 2025

New Jersey Business Funding Guide

New Jersey continues to excel in SBA loan approvals in 2025, with average loan sizes around $526,000 and strong lender infrastructure. Entrepreneurs in pharmaceutical, logistics, and retail sectors find reliable access to both working capital and fixed asset loans. With concentrated economic activity in Newark and Jersey City, New Jersey remains one of the best states to get a business loan this year.

9,288,994

Population

525000

Avg. Funding Amount

Pharma

Business Climate

3

Major Cities

Major Business Centers

Newark
Jersey City
Paterson

Top Business Funding Topics for New Jersey

Essential reading for New Jersey entrepreneurs seeking business funding

Merchant Cash Advance
#1
Everything you need to know about merchant cash advances, including how they work, costs, benefits, and alternatives - Specifically tailored for New Jersey businesses and market conditions.
12 min read
Read Guide