Company Information

Get to know Greater Newark Enterprises Corporation

Founded in 2005, the Greater Newark Enterprises Corporation (GNEC) is a non-profit 501(c)(3) organization and a certified Community Development Financial Institution (CDFI) by the U.S. Department of Treasury. Its mission is to create economic opportunity for entrepreneurs, particularly minority and women-owned businesses, to help them grow and create jobs within their communities. GNEC achieves this by providing access to capital through various loan products and offering developmental services such as entrepreneurial training and technical assistance.

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Greater Newark Enterprises Corporation

United States

Founded in

2005 (21 Years)

Founded

Last online: No recent activity

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(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.