The Debt Refinancing Loan program is a financing program to provide funds to the business owner to refinance existing business-related debt.

• Loan amount: $500 to $20,000

• Interest rate: 7%

• Loan uses: Reduction of existing business credit card debt, purchase of existing equipment leases or repayment of personal loans used for business expenses.

• Loan term: 12 to 48 months

• Loan requirements:

> Personal guarantee.

> Business tax returns.

> Financial statements.

> Copy of existing lease or purchase agreements, if applicable.

> Credit card statements, if applicable.

To download an application, click here. 

For more information, contact Ellen McHenry, Director of Financial Programs, at 908.527.1166.

Our Financing Services

Microloans

For start-ups entrepreneurs, in amounts from $500 to $35,000

Loan Packaging Assistance

A creative way to finance business expansion

Debt Refinancing

Loan program to refinance existing debt, from $500 to $20,000.

Business Growth Fund

A statewide loan program assisting growing small businesses, with loans up to $150,000.

First Steps Childcare Loan Program

Special loan program for new or existing childcare programs, including center-based, home-based and non-profit centers. Loans range from $500 to $150,000 and can be used for the purchase of educational supplies, furniture, playground equipment, fencing, etc.
 

UCEDC/United Way Emergency Loan Program

Unique program to assist United Way member agencies with short-term cash flow needs.

Fill out our information request form.

Download a loan application.

Información en Español.