GNEC
Financial ServicesNew Jersey, United States2-10 Employees
GNEC is a small nonprofit operating in the financial services sector, based in Newark, New Jersey. Established in 2005 as a community development financial institution, it serves entrepreneurs who cannot secure traditional bank financing and provides access to professional resources to help startups launch and existing firms grow. Its work centers on helping entrepreneurs access capital to build economically stable businesses and to address disparities in funding affecting underserved communities. GNEC has offered over $7,000,000 in loans and served about 4,500 clients. As a nonprofit CDFI in the financial services sector, it combines lending with professional resources to support startup growth and established firms in Newark, New Jersey.