Colorado Office of Economic Development and International Trade (OEDIT)(303) firstname.lastname@example.org
The Colorado Revolving Loan Fund provides loans that help small to medium-sized Colorado businesses negatively impacted by the COVID-19 pandemic. These loans range from $5,000 to $750,000. These loans are intended to provide startup and working capital that will help create and retain jobs across Colorado.
The maximum interest rate is 10%, and the expected average interest rate of these loans is 4%. Loans may be character-based and may have terms up to 20 years based on the type of loan.
How to apply
Businesses may contact one of three lenders to apply for these loans:
- Urban businesses should contact Colorado Lending Source or the Colorado Enterprise Fund.
- Rural businesses should contact Region 9 Economic Development District of Southwest Colorado.