- July 27, 2021
- Posted by: Stratford Team
- Category: Business
Mercer County partners with UCEDC to offer
second round of 0% business loans
Mercer County Executive Brian M. Hughes is pleased to announce the second round of COVID-19 crisis business loans offered by the UCEDC. Mercer County, which has an ongoing partnership with the UCEDC on a variety of different lending packages, now is promoting the Crisis Loan – Second Round. Small businesses can apply to borrow up to $15,000 in funding at 0% for up to five years with no collateral requirements to meet their COVID-19 crisis needs.
The Crisis Relief Loan Program is designed to provide broad access to much-needed working capital. The program features a quick turnaround (after completing the application requirements), no collateral requirements, no pre-payment penalties, and no processing or application fees.
Eligibility requirements include:
- Businesses operating at least two years and with a credit score of 660 and up are eligible to apply for up to…
