Regional Business Assistance Corporation

What Regional Business Assistance Corporation does

Regional Business Assistance Corporation (RBAC), originally incorporated in 1977 as Trenton Business Assistance Corporation, is a non-profit Certified Development Company (CDC) and U.S. Treasury-certified Community Development Financial Institution (CDFI) headquartered in Princeton, New Jersey, with a coverage footprint spanning New Jersey, Eastern Pennsylvania, and Metro New York. The firm provides SBA 504, SBA 7(a) Community Advantage, SBA Microloan, and USDA Microloan financing to small businesses and startups, with loan sizes ranging from $5,000 microloans to $5.5 million SBA 504 transactions. RBAC also offers free Business Advisory Services (mentoring, business plan support, credit repair, cash flow management) bundled with its lending products.

Name

Regional Business Assistance Corporation

Legal name

Trenton Business Assistance Corporation

Website

https://rbacloan.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

11–50 employees

Short description

Regional Business Assistance Corporation (RBAC) is a Princeton, NJ-based non-profit CDC and CDFI providing SBA 504, SBA 7(a) Community Advantage, SBA Microloan, and USDA Microloan financing, plus free advisory services, to small businesses across New Jersey, Eastern Pennsylvania, and Metro New York.

Ownership category

akta.pro rank

Product category

Small Business Lending (SBA and USDA Government-Guaranteed Loans)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

akta.pro secondary industry

SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI)

Keywords

• SBA 504 loans
• SBA 7(a) lending
• SBA microloans
• USDA microloans
• Small business financing

Headquarters

HQ city

Township Of Washington

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. SBA 504 Loan Origination and Servicing: RBAC originates and services SBA 504 loans, earning origination fees and ongoing servicing income. The company participates as a Certified Development Company in the SBA 504 program, providing 40% of project financing while banks provide 50%. Interest rates are fixed for the life of the loan.
2. SBA 7(a) Community Advantage Loans: Origination of SBA 7(a) Community Advantage loans ranging from $25,000 to $350,000 for working capital, equipment, renovations, and business acquisitions. Earns origination and servicing fees on guaranteed portions.
3. SBA and USDA Microloans: Microloan origination for small businesses and rural/agricultural operations, ranging from $5,000 to $50,000. Provides financing to businesses often underserved by traditional banks.
4. Referral Fees from Partners: As a referral partner program, RBAC pays referral fees to business bankers, accountants, loan brokers, and attorneys who refer clients. This represents a cost structure rather than revenue stream.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

Regional Business Assistance Corporation (RBAC) is a nonprofit Certified Development Company (CDC) and Community Development Financial Institution (CDFI) that originates, services, and underwrites government-backed small business loans. Its product suite includes SBA 504 loans ($50,000 to $5.5 million), SBA 7(a) Community Advantage loans ($25,000 to $350,000), SBA Microloans ($5,000 to $50,000), and USDA Microloans (up to $50,000 for rural businesses), supplemented by free one-on-one Business Advisory Services for borrowers.

Product overview

RBAC operates as a multi-product SBA lending platform offering four distinct loan programs: SBA 504 (commercial real estate and fixed assets up to $5.5 million), SBA 7(a) Community Advantage (general business purposes $25K-$350K), SBA Microloan (startup and small business capital $5K-$50K), and USDA Microloan (rural business financing up to $50K). The company also provides free Business Advisory Services including one-on-one mentoring, loan application support, and webinars. As a Certified Development Company (CDC) and Community Development Financial Institution (CDFI), RBAC serves businesses across New Jersey, Eastern Pennsylvania, and Metro New York.

Differentiator

Problem solved

Functional benefit

Products and services

• SBA 504 Loan
• SBA 7(a) Community Advantage Loan A versatile small business loan providing funding from $25,000 to $350,000 for working capital, renovations, business acquisition, inventory, equipment, and debt refinancing. Offers competitive interest rates and terms up to 25 years, with approval in as fast as 3 weeks. For established small businesses and startups needing flexible general-purpose financing.
• SBA Microloan Small business financing ranging from $5,000 to $50,000 with fixed rates between 6% and 8% and terms up to 7 years. Designed for startups, home-based businesses, and entrepreneurs needing accessible capital for working capital, inventory, equipment, marketing, or improvements. Free Business Advisory Services are automatically included for borrowers.
• USDA Microloan Rural-focused microloan program providing up to $50,000 for farms and businesses located in eligible rural areas. Offers competitive interest rates and terms up to 7 years for working capital, inventory, supplies, and equipment in rural communities. For farm operators and rural business owners.
• Business Advisory Services Free one-on-one business support for RBAC borrowers including mentoring, loan application assistance, business plan development, cash flow management guidance, credit repair support, and network connections to trusted community resources. For RBAC SBA and USDA microloan borrowers.

Quantifiable outcome

• Loans approved in as fast as 3-4 weeks after complete application submission
• +2 more outcomes

Named customers9 records

Segments9 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered major, minor and core.

• Truist BankmajorChannel Partner/ Reseller/ DistributorCommercial banker Josh Donovan at Truist Bank refers clients to RBAC for SBA lending. Positive testimonial about RBAC's expertise and efficient transaction execution. Partnership generates CRA credit for Truist while enabling complex deals to close.
• Bank of AmericamajorChannel Partner/ Reseller/ DistributorSenior Vice President Josh Donovan previously at Bank of America refers clients and provides testimonial about RBAC partnership quality.
• Citizens BankminorChannel Partner/ Reseller/ DistributorNuno M. Francisco from Citizens Bank serves on RBAC's Board of Directors. Citizens Bank is mentioned as a market executive partner.
• Valley National BankminorChannel Partner/ Reseller/ DistributorLina Duque from Valley National Bank and Matthew Verney, Chief Banking Officer, serve on RBAC's Board of Directors.
• Cross River BankminorChannel Partner/ Reseller/ DistributorEli Hazen, VP and Director of SBA and Business Lending at Cross River Bank, serves on RBAC's Board of Directors.
• JPMorgan Chase Bank N.A.minorChannel Partner/ Reseller/ DistributorHilda Kong, VP and NE Division SBA Solutions Manager at JPMorgan Chase, serves on RBAC's Board of Directors.
• Hill Wallack LLPmajorChannel Partner/ Reseller/ DistributorLaw firm and referral partner where Nicole Perdoni, Esq. refers small business clients to RBAC for financing. Paul Watter, Esq. serves as Chairman and Partner on RBAC's Board of Directors.
• Fulton Bank of New JerseyminorChannel Partner/ Reseller/ DistributorTerry Daniels, Commercial Lender at Fulton Bank, serves on RBAC's Board of Directors.
• NADCO (National Association of Development Companies)coreStrategic or Co-development PartnerNADCO is the trade association for CDCs. RBAC is a member and participates in the NADCO network, displaying the NADCO logo as a recognized member organization.
• NAGGL (National Association of Government Guaranteed Lenders)coreStrategic or Co-development PartnerThomas L. Hofstetter, RBAC's General Counsel, received NAGGL's Instructor of the Year award for training SBA lenders nationwide, indicating strong NAGGL partnership and RBAC's thought leadership in SBA lending.
• NJ Economic Development AuthorityminorStrategic or Co-development PartnerKathleen Durand, Retired Senior Business Development Officer at NJ EDA, serves on RBAC's Board of Directors.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Citizens Bank: Citizens Bank is a major regional commercial bank with active SBA lending, headquartered and densely serving the Northeast including NJ and Metro NY. Not a direct peer but competes for overlapping SMB financing customers and serves as a referral partner; relevant for benchmarking competitive dynamics.

Direct peers

• Wisconsin Women's Business Initiative Corporation (WWBIC): WWBIC is a CDFI providing SBA microloans, business education, and coaching to small business owners including underserved populations. Highly comparable to RBAC on microloan-heavy product mix, advisory integration, and mission-driven underwriting.
• Capital Impact Partners: Capital Impact Partners is a national nonprofit CDFI providing SBA and SBA-guaranteed lending, plus technical assistance and advisory support to small businesses and community organizations. Directly comparable on certification, mission, and bundled services model.
• Coastal Enterprises Inc. (CEI): CEI is a Maine-based CDFI/CDC providing SBA loans, USDA financing, and business advisory services to underserved small businesses. Highly comparable mission, multi-product SBA portfolio, and integrated advisory model to RBAC.
• Accion Opportunity Fund: Accion Opportunity Fund is a national CDFI providing small business loans (including SBA microloans) and advisory services to underserved entrepreneurs. Directly comparable mission, microloan focus, and embedded coaching model.
• Local Initiatives Support Corporation (LISC): LISC is one of the largest national CDFIs providing financing and advisory services to small businesses and community development projects in underserved markets. Compares directly to RBAC on CDFI certification, mission-driven non-depository lending, and bundled advisory services.
• Bridgeway Capital: Bridgeway Capital is a Pennsylvania-based CDFI providing small business loans and advisory services to underserved entrepreneurs. Direct geographic overlap with RBAC's Eastern Pennsylvania market and comparable SBA product offering.
• CDC Small Business Finance: CDC Small Business Finance is one of the largest Certified Development Companies in the U.S., originating SBA 504 loans across multiple states. A direct comparable to RBAC's CDC-led SBA 504 origination model, with similar three-party deal structures and banker referral networks.
• TruFund Financial Services: TruFund is a national CDFI providing small business loans and advisory services in underserved communities, with strong presence in the same Mid-Atlantic and Southern markets where RBAC operates. Directly comparable as a mission-driven CDFI lender serving minority-owned and low-income businesses.
• Pursuit (formerly NYBDC): Pursuit is a New York-based community development lender providing SBA loans, business advisory, and growth capital to small businesses in Metro NY — directly overlapping RBAC's NYC service territory. Same customer type (underserved SMBs), same product mix, and same banker referral ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/regional-business-assistance-corporation

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Regional Business Assistance Corporation