Questions? Call 1-800-304-1755 and speak with a VEDC lending associate.

Opportunity Knocks

Serving New York, New Jersey, and Connecticut small businesses in the Tri-State area.
Are you interested in building your company’s net worth? Are you looking to help your community?

The Tri-State Business Opportunity Fund can help you create or retain permanent jobs in your area when 75% of the jobs employ low to moderate income residents and operations take place in the low and moderate income communities.

Is my company eligible?


  •  Start up and existing businesses are eligible!
  •  Do you employ 1-200 employees?
  •  Is your company revenue up to $10 million?
  •  Do you lack other sources of financing?

What are the funds for?


  • Working Capital
  • Business Purchase
  •  Equipment
  •  Inventory
  •  Tenant Improvements
  •  Owner Occupied Commercial Real Estate
  •  Refinancing of Existing Debt

What are the terms?


  • Interest Rate: Currently rates are up to 9%
  •  Maturity: Up to 5 years
  •  Prepayment: No Pre-Payment Penalty
  •  Loan Fees: Up to 3% of the loan amount plus out of pocket closing costs
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UBS and VEDC

By making $35 million in capital available to small business owners, as well as additional multi-year grant funding, UBS has made it possible for VEDC to lend nationally. The Business Opportunity Funds are part of UBS Elevating Entrepreneurs, the firm’s flagship philanthropic entrepreneurship initiative which includes a portfolio of partnerships and programs committed to bringing the right resources, to the right entrepreneurs, to help spur economic growth.

UBS shares VEDC’s belief in the importance of small businesses, who have long served as the backbone of the American economy, and is committed to delivering the firm’s resources, both financial and intellectual, to enable them to grow their companies, create jobs and contribute to their local economies.

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City National Bank of New Jersey strives to make a social difference through urban development initiatives that help build thriving economies and increase the values of their communities.

Through the partnership of VEDC City National Bank of New Jersey, both organizations will build upon their shared mission and expand their access to capital to small business owners in New Jersey and New York.

City National Bank of New Jersey Small Business Lending powered by VEDC is making a difference in your community.

Upcoming Events

Register for free workshops and networking events in New York and the Tri-State area.
		
		
Sat 20

Sherman Oaks- Guided Business Plan 4 of 4

Jan 20 | 9:00 am - 12:00 pm PST
5121 Van Nuys Blvd. 3rd Floor
Sherman Oaks CA
Sat 20

Sherman Oaks- EAT-LEAD-PROFIT Restaurant Expo

Jan 20 | 11:00 am - 3:00 pm PST
5121 Van Nuys Blvd Suite 2062nd floor
Sherman Oaks CA
Sat 20

EAT-LEAD-Profit Restaurant Expo

Jan 20 | 11:00 am - 3:00 pm PST
5121 Van Nuys Blvd. 3rd Floor
Sherman Oaks CA
Mon 22

Sherman Oaks- Small Business Orientation

Jan 22 | 5:00 pm - 7:00 pm PST
5121 Van Nuys Blvd. 3rd Floor
Sherman Oaks CA
Mon 22

RESEDA- DREAM IT, PLAN IT, LIVE IT

Jan 22 | 5:30 pm - 7:30 pm PST
18645 Sherman Way #114
Reseda CA
Tue 23

Sherman Oaks- Open House & Fashion Advisory Board

Jan 23 | 5:30 pm - 7:30 pm PST
5121 Van Nuys Blvd. 3rd Floor
Sherman Oaks CA
Thu 25

Sherman Oaks- Access To Capital

Jan 25 | 5:00 pm - 7:00 pm PST
5121 Van Nuys Blvd. 3rd Floor
Sherman Oaks CA
Thu 25

All About Small Business Loans : North Valley

Jan 25 | 5:00 pm - 7:00 pm PST
13420 Van Nuys Blvd. Suite 121 Suite 121
Pacoima CA
Thu 25

Sherman Oaks- Mujeres Empresarias

Jan 25 | 5:30 pm - 7:30 pm PST
5121 Van Nuys Blvd. 3rd Floor
Sherman Oaks CA
Sat 27

Sherman Oaks- Fashion Collective Showcase II

Jan 27 | 11:00 am - 3:00 pm PST
5121 Van Nuys Blvd Suite 2062nd floor
Sherman Oaks CA

News & Updates

Stay current on Tri-State small business industry news.

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