Are you ready for a loan?

UCEDC is committed to helping small businesses get the financing they need when conventional sources are not available. We know it’s challenging to get a loan when you’re just starting out, or when you need a modest amount of additional capital.

To start the process, we will ask a few questions to determine whether you are ready to apply for a loan.

If you're interested in services other than a loan, please email Lending@ucedc.com to contact UCEDC.

Personal and Business Information

First Name

Middle Name

Last Name

Suffix

Name should match that on your drivers license or other photo ID.

Business Name

Business Street Address

Business City

Business State

Business Zip Code

The SBA’s website can help you find a lender in your area. Here are two helpful links:

SBA Lender Match: https://www.sba.gov/funding-programs/loans/lender-match-connects-you-lenders
SBA Microlender List: https://www.sba.gov/funding-programs/loans/microloans/list-microlenders

Business County (NJ)

Business County (NY)

Business County (PA)

Business Formation Date

How many years has the business been generating revenue?

Phone

Length of Business

Geographic

Step 1

Review the following questions, and answer Yes or No.

Are you a US citizen?

Are you a Green Card Holder?

Are you on a Work Visa?

Does your credit report show that you are free of bankruptcies within the past five years or defaults on federally funded loans (such as student loan) at any time?

Do you have related skills or experience in your field of business?

Do you have a written business plan?

Step One Eligibility

We are unable to lend to individuals who are not citizens, or do not have a Green Card or Work Visa.

We are unable to lend to borrowers that have caused the government to take a loss on any Federally funded loan or defaulted on a Federal contract. In addition, we cannot lend to owners that have had a bankruptcy within the past five years.

A Business Plan is an essential tool for start-up businesses and is required for new businesses in order to apply for a loan. Don’t be intimidated by the prospect of writing a business plan – it doesn’t have to be long or complex or have fancy graphics. You just need to show that you’ve thought through how your business is going to operate and make a profit.

Here’s a good discussion of the elements commonly found in a well-written business plan. UCEDC offers workshops on business plan development throughout the year – you can find the schedule on our events page. And we encourage you to take advantage of the free personal counseling you can get to help you develop your business plan from these organizations:

SCORE: find the SCORE chapter nearest you

Small Business Development Centers: find the SBDC near you

While not required from an existing operation, a business plan is a very welcome addition to any loan application. The more information we have about your business and your plan to have it grow and thrive, the easier it is for us to assess your financial viability.

You’ve made it through our initial screening questions, assembled your supporting documents and information, and developed a business plan, if appropriate.

You're ready to submit our secure 10-minute Loan Prequalification Application. Please submit this form and you will be sent a link to the prequalification application. It will also be on the next page.

You're not ready to apply for a loan right now

UCEDC has a number of training workshops which may help you get ready for a loan. For more information, please refer to the Training section of our website here: Small Business and Entrepreneurial Training Workshops - NJ .

The following organizations can also provide one-on-one counseling to help you develop your business plan and projections:

Outside geographic area

You are outside the area that UCEDC works in. UCEDC lends to business located in New Jersey, and the following counties in New York and Pennsylvania:
New York:

Bronx, Kings, New York, Queens, Richmond, Westchester

Pennsylvania:

Bucks, Philadelphia

If you are reaching out on behalf of a business with in that area that doesn't yet have an address there, please email UCEDC's loan officers at info@ucedc.com.

Contact Information