Oscar Cortizo

Oscar L. Cortizo

Loan Officer at Elizabeth Development Company

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205 FIRST STREET, SUITE 114, Elizabeth, New Jersey, United States
HQ Phone:
(908) 289-0262

General Information


Key Accounts Manager  - NYS Collection

Director of Business Development  - Oscar L. Cortizo and Associates

Key Accounts Manager  - 5th & Ocean Clothing, Inc.

Recent News  

Oscar Cortizo
Loan Officer/Assistant ocortizo@edcnj.org 908-289-0262 x 223

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According to Oscar L. Cortizo, EDC's loan officer and assistant, UEZ provides EDC with a pool of money to help finance prospective businesses through grants and very low interest loans.
"It's considered the bible of any business," said Cortizo. These programs offer technical assistance free of charge," said Cortizo. Should a business be already established, we ask for the last three years of the business tax returns," explained Cortizo. One of the reasons being that for every $50,000 a business owner borrows, EDC requires them to create one full-time position," said Cortizo. In addition, EDC encourages clients to hire residents from Elizabeth. EDC funds an employment program through UEZ. "The Elizabeth Retail Skill Center out of Jersey Gardens mall," said Cortizo. "They help place residents of Elizabeth into jobs." According to a report from The Retail Skill Center, since 2008, they have seen a steady growth in job placements. In the future, the city of Elizabeth can expect further job growth and improvement thanks to EDC. "I know the city has been working to accelerate Elizabeth's Midtown redevelopment and I think within the next few years, you are going to be able to see that," predicted Cortizo.

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