Valley Bank holds a Language of Capital series for local entrepreneurs

News | 3/20/2020

Wayne N.J., March 20, 2020 - Valley Bank partnered with the City of Newark and Invest Newark to hold a Language of Capital series for local entrepreneurs. The series, held at Valley’s Ferry Street branch in Newark, kicked off in late January with a presentation on Entrepreneurial Success. Presentations in the following weeks were lead by experts from Valley Bank and our partners included Preparing for a Small Business Loan, Credit on the Path to Homeownership, Business Insurance, Leasing vs. Financing and Using Merchant Services and Payroll Compliance. Participants graduated in March with a celebration held at Launch Pad, a Newark based coworking facility.

“It is wonderful to work with people that care about the community and supports programs like the LOC that aims to educate our community about entrepreneurship.” Language of Capital Program participant.

As the Coronavirus and its impact evolved and developed, the Valley and Invest Newark teams moved quickly to emergency response, remaining committed to helping customers through this difficult time. Valley will consider payment deferments for borrowers with existing Valley SBA Loans who are experiencing temporary cash flow issues. These customers should contact their primary commercial lending officer, SBA BDO, or email SBA@Valley.com. Invest Newark is sharing local and Federal resources on vital economic support for small businesses to help overcome the temporary loss of revenue they may be experiencing. Newark-based businesses should contact Invest Newark at info@investnewark.org for additional updates.
 
About Invest Newark
Invest Newark (Formerly the Newark Community Economic Development Corporation - Newark CEDC) is the primary economic development catalyst for Newark, New Jersey, was organized to retain, attract and grow businesses, enhance small and minority business capacity, and spur real estate development within the city. Invest Newark initiates and executes economic development activities to produce and sustain economic growth, generate jobs and create wealth for the citizens of Newark.

About Valley
As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $37.5 billion in assets. Valley is committed to giving people and businesses the power to succeed. Valley operates many convenient branch locations across New Jersey, New York, Florida and Alabama, and is committed to providing exceptional service, the latest innovations and an experienced and knowledgeable team dedicated to meeting customer needs. Helping communities grow and prosper is the heart of Valley’s corporate citizenship philosophy. To learn more about Valley, go to www.valley.com or call our Customer Service Center at 800-522-4100.