Financing Options
Inadequate financing is the second most often cited reason for new business failure. Ask the hard questions and thoroughly develop your financial strategy. Understanding and applying the basics of finance gives your business plan the 'muscle' to move forward.
- Small Business Administration (SBA) - Financing home page
- SBA Loan Programs
- Preferred Lender Program
- Small Business Investment Companies (SBIC) - List of SBA-licensed firms with their investment criteria: amount / type of capital investment, funding stage, industry / geography preferences and description of the firm's focus. See SBIC for more information about this program.
- SBA Disaster Loans - Low-interest loans for economic injury due to loss of Military Reservist personnel, drought, insect infestations, etc.
- Colorado Lending Source - A private, nonprofit, community-based organization that helps businesses access long term, FIXED rate financing for the purchase, construction or improvement of a building(s) that they will be primarily occupying. Business owners can also get help with purchasing capital machinery or capital equipment integral to the operation of their business.
- Community Economic Development Company of Colorado - A private, non-profit Certified Development Company, licensed by the Small Business Administration as Colorado's statewide source of SBA 504 fixed asset loans.
- Colorado Enterprise Fund - A for-profit financial growth institution that funds small businesses that cannot obtain funding through traditional sources.
- Micro Business Development - Provides unsecured credit for self-employed people with low incomes, especially women, by way of microcredit lending groups.
- Preferred Lending Partners - Innovative capital funding programs for expanding companies planning an investment in commercial real estate or equipment.
- Colorado Housing and Finance Authority - CHFA's Business Finance Division provides a variety of business financing programs, primarily for small to medium-sized firms
- Larimer-Weld Revolving Loan Fund - Gap-financing designed to assist with the financing of companies expanding or locating to the rural areas of Weld and Larimer Counties. Bylaws[pdf] Contact Lew Wymisner, (970) 498-6605
- Loveland MicroLoan Guarantee Program - Business counseling and credit enhancement. Contact Robin Shea, Director for the Loveland Center for Business Development, (970) 667-4106.