New Jersey Facts and Stories

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New Jersey Stories

1911 Smoke House Barbeque
Thanks to a $20,000 loan awarded through the Trenton Small Business Emergency Loan Program during COVID-19, Maurice was able to quickly pivot his business and begin serving affordable family-style meals to customers.
A3 Contracting
Sometimes, the most important asset a business can have is hope. Abdoul and Charlotte Diakite, the co-owners of A3 Contracting in Linden, NJ., had the skills, the drive, the work ethic and the…
Address Yourself Program: Talita Elizeu
Talita Elizeu is a 26-year-old Massachusetts native, who has been living in Jersey City for the past five years. She loves the tight-knit community that Jersey City has to offer and being surrounded by like-minded individuals and families. After renting for several years, Talita received a raise at her job and was finally able to move forward with her dream of becoming a homeowner.
Alejandro Marin: il Gabbiano
Like most restaurant owners Alejandro Marin of il Gabbiano Restaurant in Cranford struggled during the pandemic. After being a server in the restaurant for years, he had only become its owner two years before restaurants were forced to close their…
Argus-Ellison Affordable Housing 
New Jersey Community Capital borrower success story
Ascension Capital Partners
A graduate of the CAPC training program and Black-owned real estate developer is utilizing NJCC financing to develop high-quality affordable rental homes.
Black Rocket Productions
When Bill Zengel bought his daughter a basic video camera for her eighth birthday, he had no idea that he was starting a business that would grow to become what he now calls “The Disney of Education.” But what started…
Bridgeton Food Specialization Center
New construction of a light industrial facility.
Brown Hornet Fitness
Roland couldn't find a bank to share his passion of health and fitness training. Then UCEDC stepped in and Brown Hornet Fitness was off and running.
Building Hope Westervelt Avenue
This northern New Jersey charter school will grow to over 1,000 students thanks to a 35,000 sq. ft. school expansion with financing from PCG.
Carolina Rosa Arts Academy
Carolina Rosa always knew she wanted to try running her own business. She remembers being inspired by her old boss, who came to the U.S. from the Dominican Republic. He started out washing dishes before going on to own several…
Catherine La Vecchia: Presidents Club Barber Shop
When Catherine La Vecchia (Katie) decided to become a hairstylist, she never intended to work for herself. She says, “I thought the easier option was to work for someone else.” For several years, she did just that. While managing other…

CDFI Branches in the State

1ST Bergen Federal Credit Union
Cooperative Business Assistance Corp
Eastern American Economic Development Corporation
Entertainment Industries FCU
Financial Resources Federal Credit Union
Financial Resources Federal Credit Union
Financial Resources Federal Credit Union
Financial Resources Federal Credit Union
Financial Resources Federal Credit Union
Financial Resources Federal Credit Union
Financial Resources Federal Credit Union
Financial Resources Federal Credit Union
Financial Resources Federal Credit Union
Financial Resources Federal Credit Union
Financial Resources Federal Credit Union
Financial Resources Federal Credit Union
Greater Newark Enterprises Corporation
Industrial Bank
Industrial Bank
New Community Federal Credit Union
Newark Board of Education Employees Credit Union
Ponce Bank
Regional Business Assistance Corporation (RBAC), Formerly Trenton Business Assistance Corporation
Ripple Effect Entrepreneurs Fund
Royal Business Bank
Union County Economic Development Corporation
UNITED CITIES