
About UCEDC
UCEDC is a Financial Services company based in Cranford (United States) founded in 1977. Microcredit services are provided to underserved individuals and businesses. UCEDC offers products and services including Affordable Loans, Training Programs, and Government Contracting Assistance. Its focus areas include Microfinance, Microcredit, Cooperatives and Sustainability Tech. Its legal entity is UCEDC Non-Profit Economic Development Corporation. Its competitors include Adesso Capital, RedJay Capital and Swift SBF.
Company details
UCEDC was established in 1977 in Cranford, United States, as a provider in the financial services sector. Microcredit loans are extended to low-income entrepreneurs and small enterprises lacking conventional banking access. Operations center on facilitating economic growth through accessible financing options. The companys domain, ucedc.com, supports its outreach efforts. Services emphasize community development in the local geography, with a focus on sustainable lending practices.
- Latest Funding Round$237.26K (USD), Grant
Dec 2010
- InvestorsU.S. Department of the Treasury
& 2 more
Products & Services of UCEDC
UCEDC offers a comprehensive portfolio of products and services, including Affordable Loans, Training Programs, and Government Contracting Assistance.
Offers flexible loans from $500 to $5.5 million with mentoring for businesses.
Provides free workshops and virtual incubators for entrepreneur development.
Delivers expert guidance for navigating government contracts and opportunities.
Funding Insights of UCEDC
- Total Rounds 4
- Last Round Grant β $237,264
- First Round $350,160
(Dec 2007)
- Investors Count 3
All 4 funding rounds of UCEDC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2010 | $237,264 | Grant | β | β | |
| Aug 2010 | $750,000 | Grant | β | β | |
| Jun 2009 | $1.31M | Grant | β | β | |
| Dec 2007 | $350,160 | Grant | β | β |
3 investors in total: 3 institutional.
Investors in UCEDC
UCEDC has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include U.S. Department of the Treasury, SBIR and Military Health.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Administers health care and support for military personnel and operations. | health.mil | Falls Church, United States | ||
Federal innovation and scientific achievement services are provided. | 1982 | sbir.gov | Lithia Springs, United States | |
The U.S. Department of the Treasury is tasked with formulating and implementing fiscal policy for the United States government. | 1789 | treasury.gov |
Investor details for UCEDC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of UCEDC
3 dated milestones of UCEDC across 33 years, from founding to its latest funding, stage changes and deals.
- Founded UCEDC is founded.
- Funding First funding round of $350K.
- Funding Latest funding round, Grant, of $237K.
Competitors of UCEDC
UCEDC has 3 listed competitors in our database. They include Adesso Capital, RedJay Capital and Swift SBF.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| adessocapital.com | 2017 | Scottsdale, United States | Provides tax refunds, loans, and financial services to small businesses. | |||
| redjaycapital.com | 2022 | New York, United States | Offers a platform for long-term loans and real estate financing solutions. | |||
| swiftsbf.com | 2020 | Lawrence, United States | Offers business loans, equipment financing, and working capital for SMEs. |
Detailed competitors of UCEDC
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of UCEDC
The website of UCEDC (ucedc.com) receives about 4.6K visits a month.
- Monthly visits4.6K
▼ 10.7% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about UCEDC
UCEDC was founded in 1977 and raised its 1st funding round 30 years after it was founded.
UCEDC is headquartered in Cranford, United States. It is registered at Cranford, New Jersey, United States.
UCEDC was established in 1977 in Cranford, United States, as a provider in the financial services sector. Microcredit loans are extended to low-income entrepreneurs and small enterprises lacking conventional banking access. Operations center on facilitating economic growth through accessible financing options. The companys domain, ucedc.com, supports its outreach efforts. Services emphasize community development in the local geography, with a focus on sustainable lending practices.
UCEDC's top competitors include Adesso Capital, RedJay Capital and Swift SBF.
UCEDC offers Affordable Loans, Training Programs, and Government Contracting Assistance.
UCEDC has 3 investors. Key investors include U.S. Department of the Treasury, SBIR, and Military Health.
UCEDC operates through Ucedc Non-Profit Economic Development Corporation.