Microloan Program

Thank you for your interest in Newark Community Economic Development Corporation’s (Newark CEDC) microloan program. Our microloan program awards loans that are $2,000 or less. These loans are available for candidates that might not have credit scores, but currently have a small ongoing business. You will be required to raise $50 each from a minimum of ten associates to qualify for our loans. If you have ten family, friends and community members that are willing to lend you money, then you might be a good candidate for Newark CEDC microloan program. Please click here to read the attached microloan application for additional details on this program.