Burch Foundation, UCEDC Offer Women Business Owners Discounted Loan Opportunity

The UCEDC loan discount for women-owned businesses is the third time that the non-profit agency has partnered with the Tory Burch Foundation on a loan initiative.

The Tory Burch grant will enable UCEDC to offer a two-point discount on loans up to $50,000 for women borrowers. The loan can be used for practically any business purpose, including paying off more expensive debt.

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“The Tory Burch partnership has made it possible for Union County’s women entrepreneurs to achieve their vision,” said Maureen Tinan, president of UCEDC. “The Foundation’s enthusiasm and respect for self-starting women have made a real difference in our community.”

Prospective applicants can start with UCEDC’s online Pre-Qualification Application, or call UCEDC loan officer Mark Leichtling at 908-527-1166 for assistance.

Designer Tory Burch launched her eponymous fashion brand with one small shop in 2004. She established the Tory Burch Foundation in 2009 as a platform for giving back and supporting women entrepreneurs.

For more information about all UCEDC programs, visit ucedc.com, contact info@ucedc.comor call 908-527-1166

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