A Network of Information at your Fingertips
The UEZ partners with a diversified group of agencies with information about small business loans. Including:
The New Jersey Economic Development Authority (EDA) offers an array of programs to make business development easier. Their financing, loan guarantee, real estate development and consulting services help companies grow stronger.
U.S. Small Business Administration
New Jersey District Office
SBA assists in getting small businesses loans for $100,000 or less with a simple application process. A quick response is provided. Character, credit and experience are the main focus of attention.
The Loan Program
There's an organization that wants to help your business get a low cost loan.
- It has the resources to shop for the best interest rates available.
- It provides the professional services that will save you time and money.
- It's called the Pleasantville Urban Enterprise Zone (UEZ) and it provides qualified businesses – like yours – with a loan from the UEZ and matching funds from participating lenders.
The UEZ Partnership Process
The UEZ and participating lenders are closely coordinated. The key areas of importance include:
- Loan Servicing
The participating lender will service the loan on behalf of itself and Sun National Bank for the UEZ. - Loan Term and Interest
Each loan will be evaluated and given loan terms. Both the UEZ and participating lenders will charge their own interest rates. - Underwriting
The UEZ will use credit underwriting reports prepared by the participating lenders.
The Freedom to Choose
Once the UEZ's participation in a particular loan is made, you will choose the lender proposal that is most beneficial to your specific needs. Best of all, you are free to evaluate each proposal and speak directly to the lender with any of your questions.
The Pleasantville Business Development Loan Program Helps You Get Your Business Going and Growing!
- Property Acquisition
- Construction
- Inventory and Equipment
- Capital Improvements
(Conditions and restrictions may apply)
To Download a PDF of our Loan Brochure, click here.
