UCEDC Wins “#1 Microloan Intermediary of the Year” from the SBA New Jersey District!

UCEDC received the “#1 Microloan Intermediary of the Year” award for the state of New Jersey as well as SBA’s “Silver Level Award” for 2019 at the SBA New Jersey District Lender Awards Luncheon on January 23, 2020.

When asked what attributed to the increase in loan volume for 2019, Elizabeth Williams, UCEDC’s VP of Lending, said, “Two new programs struck a chord with borrowers this year. Rapid Response continues to offer business owners a quick turnaround on unsecured loans up to $10,000, while Prime Lock makes it possible to lock in a low rate on unsecured loans up to $25,000. Both products are accessible through a streamlinedapplication process that enables UCEDC to offer the quick turnaround business owners need.”

Click here to learn more about UCEDC’s current Loan Products and rates.