Greater Newark Enterprises Corporation

What their website says about applying

• Using the buttons below please apply for the loan that best suits your needs. source

Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.

As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.

• ITIN accepted Borrowers with ITIN numbers are acceptable. source
• Low or damaged credit considered Past credit issues may be considered if there is a reasonable explanation source
• Collateral flexible or not always required Borrow between $5,000 to $30,000 without a collateral pledge (case-by-case). source
• Collateral required Loans requests above $30,000 (Business Builder loans) must be guaranteed with collateral. source

Only rules the lender's own pages state. Other requirements may apply.

Read from 5 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. An older program page gives the DreamMaker minimum as $1,000 while newer pages say $5,000; the $5,000 figure is used. Terms change — confirm with the lender before applying.

Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.

1. Do you offer free coaching or help preparing my application?
   CDFI certification requires development services, such as training or advice, alongside lending.
2. What documents will you need from me, and how long does a decision usually take?
   Their website describes some application steps (above); ask for the full document list.

Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.

End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 20-2247312, filed as “GREATER NEWARK ENTERPRISES CORPORATION”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer

Filings over time

Total assets grew 33% from Dec 2021 to Dec 2023; notes and loans receivable rose 234%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).

For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section).

Other certified CDFIs in Newark and New Jersey

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