SBA ceremony as the #1 SBA 504 and CA lender in NJ
RBAC awarded #1 SBA 504 and CA lender in the state
ACCESS TO CAPITAL IS A MAJOR OBSTACLE FOR SMALL BUSINESSES.
WORKING WITH THE SMALL BUSINESS ADMINISTRATION, RBAC PROVIDES FUNDING AND TECHNICAL
ASSISTANCE TO COMMUNITY-BASED BORROWERS.
MILFORD, NJ---Sometimes Hector Perez’s day starts 2:30 a.m. in the morning and doesn’t end until 8:00 p.m. that night;
up before dawn and working until dusk.
GYMLAND. Hamilton, NJ
GYMLAND. SBA Loan helps Gymnastics Schools (PDF)
Celebrate the Shore Revel Casino Hotel with RBAC"s Client Luke Palladino
From left Deborah Sikora, Luke Palladino Operations director; Jeanine Delaney, Luke Palladino executive administrator; Luke Palladino, restaurateur; Mitchell Gurwicz, JFS president; Andrea Steinberg, JFS executive director; and Kelly Mulrenan, Revel events operationsRevel Casino Hotel and Luke Palladino partnered with Jewish Family Service for Celebrate the Shore to highlight the rebuilding and strength of the community. Since the storm, JFS has received more than $750,000 in financial support to provide housing, basic necessities and support to 8,000 individuals and families. More than 150 of the supporters gathered at the Cabanas, at Revel Casino Hotel, for this event, which showcased the Shore; highlighted the rebuilding process; and thanked the community members, businesses and foundations for their help in the recovery efforts. Pictured from left, are Peter Sallata, Revel sales manager; Jake and Johanna Perskie, event silver sponsors; and Andrea Steinberg, JFS Executive Director.
Little Silver, NJ
Connor Communications is a visual communications firm and social technologies firm founded in 1998. “Our creativity in developing and executing visual, business and social technology solutions, depends on our ability to attract and hire the appropriate talent necessary to do business in today’s marketplace”, says Connor proprietor, Maarti DeFonce.
“To compete in today's global marketplace, companies must understand the connection between electronic and print marketing, and how it pertains to their customers”, continued DeFonce. Connor Communications embraces forward thinking technologies and maintains a cutting edge approach to solving client print and digital needs.
Mi Buenaventura Restaurant
Abraham Ramos and Maria Ramos, owners of Mi Buenaventura Restaurant, Inc. first opened their doors in 1986. Maria used to sell Empanadas and Arepas out of a little corner shop in Colombia, South America. When she settled in the US, Maria decided to open a restaurant; she has been running the restaurant now for 28 years. Abraham worked in a plastic factory and after they married he left his job to work with Maria; he has been overseeing operation since 1987. The restaurant sells a variety of typical Hispanic foods such as: Empanadas (Beef and Chicken Patties), Carne Asada (Grilled Meat), Pescado Frito (Fried Fish), Arepa (a flatbread made of ground maize dough), and Chicharron (Pork Rind). At first, they thought the business would only attract the Plainfield’s Hispanic population, but after a year in business their clientele expanded and they began selling to all cultures. Though their expansion was only by word of mouth, soon they began serving customers from North Jersey to as far north as New York City. In 1997 they expanded their menu to include Cazuela de Mariscos (Seafood Stew), Pescado Guisado (Steamed Fish/ Fish Fricasse), and Ceviche de Camaron (Shrimp Cocktail). On March 21, 2015, due to unforeseen circumstances, the business suffered structural damages which caused the restaurant to close and find a new suitable location. Fortunately, The City of Plainfield, under Mayor Mapp’s Administration and the Economic Development staff through due diligence, have been determined to maintain “Plainfield Open for Business”, and on December of 2014 formed a partnership with Regional Business Assistance Corporation (RBAC) RBAC’s financing assistance was able to provide funding to Mi Buenaventura to begin the process of reopening their successful business at another location and maintain their employees in Plainfield.Not only did RBAC assisted financially but also worked in partnership with Kevin Chu of Greater Newark Enterprises Corporation (GNEC) to meet Mi Buenaventura’s complete relocation, expansion and upgrade. Soon the City of Plainfield will be announcing a Grand Opening date and a Network event at Mi Buenaventura. “ I am extremely happy to see the partnership with RBAC and the City of Plainfield Loan Fund Program produce the first loan to benefit a local small business”, said Mayor Mapp.
OTHER SUCCESS STORIES
Click for the whole storyFRONT LINE INDUSTRIES. Manufacturer expands with 3.3 million loan (PDF)