Cross River reposted this
Cross River, the Fort Lee-based fintech institution, has been recognized as a “Premier Lender” by the New Jersey Economic Development Authority (NJEDA), the bank announced Wednesday. The Premier Lender program provides businesses with access to financing while enabling lenders to have more flexibility due to exposure reduction. Cross River joins a list of banks that the EDA partners with to overcome financial obstacles stalling the growth of New Jersey-based businesses. Cross River has provided funding to over 16,000 firms in the state since it opened in 2008, it noted. Read more: