Unity Bancorp Approved for NJEDA Premier Lender Program to Expand Small Business Loans
Unity Bancorp, parent of Unity Bank, was approved by the NJEDA Board to participate in the NJEDA Premier Lender Program. The initiative partners with banks to guarantee or participate in portions of small-business commercial loans and lines of credit, improving access to affordable financing for fixed assets and term working capital. Unity Bank’s 22-branch footprint will support regional economic development.