Mercer County Small Business Investment Program

Raise funds for your small business.

Through this partnership, eligible small businesses in Mercer County, NJ can apply to issue Small Business Bonds™ to their community.

Skip the bank and sell Bonds directly to the general public, reducing borrowing costs and winning customer loyalty.

Qualifications include:

A physical business located in Mercer County
An incorporated, for-profit business registered with the State of New Jersey, and formed on or before April 10, 2023
6 months of revenue

30 employees or fewer, with part-time equating to one-half a full-time employee; and less than $10 million in gross revenue

Preference is given to those businesses that have not received specific business grant assistance from the federal, state, or local government entity.

National franchises, real estate businesses, and independent consultants are ineligible.

Program FAQs

Do I qualify?

If you own a physical business in Mercer County formed on or before April 10, 2023, generated 6 months of revenue, have fewer than 30 employees, and less than $10 million in revenue, you qualify!

Are there fees?

There are no fees, thanks to a Mercer County grant from the federal American Rescue Plan Act (ARPA)

How much can I raise?

$25,000 to $5 million

Who is providing the loan?

SMBX is a marketplace connecting small businesses with investors in your community and nationwide. People invest in your business, and SMBX helps you repay those investors.

Who are the investors?

They can be your friends, neighbors, and extended community. You're giving them the opportunity to invest in your success while they earn interest. SMBX also has a national network of investors who love to support small businesses. We'll help you reach them through marketing within your community and nationally.

Do I need to guarantee the loan personally?

No, there are no personal guarantees.

What credit score do I need to qualify?

There is no minimum credit score required.

How do I apply?

Click here and answer a few questions about your business for a free quote.

You can contact williamwatts@smbx.com or visit Mercer County's Economic Development Office for more information.

FFore

World Class Support

Our expert team of underwriters will complete your paperwork & file it for you so you can focus on the bigger picture.

Great Rates. Lower Fees.

Since we’re not a bank or lending platform, we don’t have the same regulatory fees. We help high-quality borrowers with operating experience pay more favorable rates.

On-demand marketing experts.

Our marketing team helps you craft and execute custom campaigns to get the word out about your raise. We’re available around the clock to support your raise on SMBX.

Build Customer Loyalty

There’s no better customer than an investor. Keep your biggest supporters coming back and reach new customers in your area with SMBX.

We first met SMBX over a year ago via our LinkedIn profile. At the time, we were not ready to raise funds, however, we remained in contact over casual emails to build a relationship. With time, we were able to grow our brand and company to reach the capacity to be able to raise funds for further growth and development. We ran into hurdle after hurdle with varying CDFIs and banking institutions, but our relationship with SMBX never wavered.

After we reached out to SMBX we began our brief onboarding processes and started our raise. In just a few months we were successful in achieving our goal and are in a great position to push forward our operational expansion milestones. Not only was the process simple with SMBX, but extremely convenient. I'd like to continue using the services of SMBX as we continue our journey of growth and a cleaner, healthier future.

I'd recommend SMBX to any small business as an option for fundraising.

-Desmond Hayes, Geogreens