News

UCEDC Offers 2% Working Capital Loans for COVID-19 Crisis Relief

*ATTENTION – We have currently exhausted all of our available funds for the COVID-19 Crisis Relief Loan Program and we are no longer able to process new Crisis Relief Loan applications. Please check back at www.ucedc.com for up to date information regarding…

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UCEDC’s Response to COVID-19

In light of recent events regarding the coronavirus COVID-19 pandemic, UCEDC is taking the following precautions to prevent any exposure or spread to our employees and the business community that we serve: We are requesting all scheduled in-person visits be…

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UCEDC Awarded $110,000 “Impact 100 Garden State” Grant!

At their Annual Awards Meeting on November 6, Impact 100 Garden State awarded UCEDC a $110,000 grant for its Entrepreneurship as a Second Chance (ESC) pilot program. The Entrepreneurship as a Second Chance initiative will offer formerly incarcerated individuals the…

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This Caught Our Eye: Online Lending Trends and Troubles

Online lending may be quicker, and it might be more accessible, but in many cases, it’s not what’s best for your business. According to the Small Business Credit Survey (SBCS), 32% of small business loan applicants turned to online lenders…

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