News

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…

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…

Women business owners in Union County can now access zero-percent working capital financing, thanks to a new loan program launched by UCEDC, a nonprofit economic development corporation. The unprecedented interest elimination on loans up to $25,000 is made possible by…

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…

(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…

UCEDC, a nonprofit economic development corporation, has received a $1.361 million Financial Assistance award from the US Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund, in recognition of its work in supporting small business development in underserved communities.…

UCEDC and Peapack-Gladstone Bank Partner to Support Quality Home-Based Care for Children Registered family child care providers are invited to attend a free 1.5 day business training session offered by UCEDC, a nonprofit economic development corporation, on August 22 and…

It’s the American dream – having your own business, being your own boss, setting your own hours….But before you take the plunge (or before you get in too deep in a business that you just started), you need to do…

Will Begin Seventh Year as Entrepreneurial Training Arm of the EDA (CRANFORD, NJ) UCEDC, a nonprofit economic development corporation, has been awarded a contract by the New Jersey Economic Development Authority (EDA) to provide training and technical assistance services to…

Loan programs provide access to capital to under-served small businesses UCEDC, a statewide nonprofit economic development corporation, was recognized with a Silver Award in lending at the US Small Business Administration’s Annual Lenders Awards Ceremony last month.  UCEDC achieved this…