RBAC STATISTICS

RBAC, TOGETHER WITH THE SBA,
PROVIDES CAPITAL AND
MENTORSHIP ASSISTANCE
TO BUSINESS OWNERS IN LOW
TO MODERATE INCOME AREAS.

Our Niche

As an SBA lender, our organizational strength and market niche is to provide flexible capital to low income and minority entrepreneurs who are denied access to traditional capital changes.

Microloan Statistics

  • RBAC has financed over 560 small businesses with $15.7 million in loan capital
  • Our average loan size is $27,600
  • 3,308 jobs have been created through RBAC financing

Microloan Statistics

 

7(a) Community Advantage Statistics

  • Over 85 Loans Approved

  • 70 Loans closed as of 01/30/2016

  • Our average loan size is $100,000

  • Over 100 jobs have been created through the Community Advantage Program

 

504 Loan Programs

RBAC's pace of 504 loan approval has been growing at an incredible rate. Thanks to our efficient service and expertise with the 504 program, RBAC is now the fastest growing CDC in New Jersey.

  • 410 loans approved
  • 330 loans closed as of 01/30/2016
  • $370 million of SBA funds
  • $517 million of total project funds
  • 7,000 fill time jobs created
  • Every $55,000 of SBA funding creates one job.

504 Loans Approved.