Our Loan Programs
Access to capital is the lifeblood of any small business but too often, hard-working business owners and entrepreneurs cannot get the financing that they desperately need. That is why the Hudson County Economic Development Corporation is committed to giving small businesses a fair chance to start, grow and thrive in Hudson County.
In order to make this possible, we have partnered with UCEDC, a nonprofit small business lender and training organization, to kick off the Million Dollar Challenge. This exciting initiative provides fairly priced capital to viable start-ups and growing and established small businesses that would otherwise be denied conventional lending.
With access to Small Business Administration (SBA) loan products and a partnership with UCEDC, the Hudson County Economic Development Corporation is able to help small businesses and entrepreneurs get the capital they need to succeed. With loans from $5,000 to $5 million, we can help everyone from a sole proprietor working from home who may need a new laptop to a generations-old manufacturing company ready to make the move from leasing to owning its business location.
We have access to a variety of term loan programs. Funds can be used for a broad array of business purposes from inventory or commercial capital to construction or business acquisition.We will counsel you on the financing structure that best meets your needs, guide you through loan closing and continue to be a resource for you even after your loan closes.
The Hudson County Economic Development Corporation is committed to opening doors for Hudson County businesses and being your trusted advisor and business partner for the long term. Fill out a Loan Pre-Qualification Application to get started!