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UCEDC Hosts SBA Administrator Linda McMahon

Latest stop on her tax-focused listening tour with small businesses UCEDC was host to Linda McMahon, Administrator of the US Small Business Administration (SBA) on Saturday, November 4, 2017 as she conducted a listening round table with local small businesses…

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UCEDC Secures $40,000 Funding to Support Underserved Entrepreneurs

CRANFORD, N.J., August 4, 2017 — UCEDC, a statewide nonprofit economic development corporation, has received a $40,000 grant from the Wells Fargo Foundation to support its small business development initiative in underserved New Jersey communities. “Our team is committed to…

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UCEDC Among Top Small Business Lenders in US

UCEDC, a NJ-based  nonprofit economic development corporation and SBA lender, has been recognized by the US Small Business Administration’s (SBA) Office of Economic Opportunity as one of the top 15 lenders to small and disadvantaged businesses in the US. The…

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UCEDC Receives $1.4 Million Grant from CDFI for Small Business Lending

UCEDC, a statewide nonprofit economic development corporation, has received a  $1.4 million grant from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund).  The award was made in recognition of UCEDC’s lending activities in low-income and…

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UCEDC Announces Loan Sale for Women-Owned Businesses

UCEDC, a nonprofit economic development corporation, has announced the availability of a special discounted interest rate loan program for women-owned businesses (WOB).  Start-up and established WOBs can get financing up to $50,000 at fixed interest rates that have been reduced…

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UCEDC Launches New 3% Interest Loan Program for Small Businesses

(CRANFORD, NJ) Small businesses throughout New Jersey now have access to low-interest, no collateral financing for working capital and debt reduction thanks to UCEDC’s new 3% working capital loan program. UCEDC, a statewide nonprofit economic development corporation, is offering up…

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