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The Intersect Fund is offering disaster relief loans to New Jersey small businesses that have been affected by Hurricane Sandy. These loans are targeted at businesses that will not qualify for SBA Disaster Loans.

Apply online below or call 1-800-840-1900 to speak with an Intersect Fund loan officer.

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Loan terms and amounts

                                   
Maximum Loan Size$15,000
Interest Rate1%
TermUp to 36 months
Interest-only (reduced) payments for up to 6 months
Prepayment PenaltyNone
Loan can be paid off by lump sum using insurance settlement or disaster assistance payment
Decision Time3 business days after all documents are submitted
Application FeeNone

Eligibility Requirements

In order to qualify, your business must be located in the State of NJ and sustained physical damage during the storm and its aftermath. Eligible uses of funds include:

The minimum requirements for the loan are: