Before You Seek Funding

Before you approach a lending institution, it’s important to know the 5 Cs that lenders consider.

Steps to Securing Funding

Once you’ve done the preparation, have the following elements in place to seek financing.

Advice and Resources

These organizations and resources are available to help you succeed.

SmallBizLending.org is a collaborative project of public, private and nonprofit lending institutions. SmallBizLending.org was created to provide entrepreneurs and small business owners in Colorado with the information and resources to successfully apply for a business loan, access a line of credit, pursue micro-lending solutions or find other financing options.

Whether you run a sole proprietorship, manage a company with under 500 people, or are somewhere in between, there are lenders in Colorado eager to finance the successful growth of your enterprise. SmallBizLending.org will help you find the way.

Financing is ready and waiting for you

We know you’re still recovering from the economic impact of the COVID-19 pandemic and we’re here to help. 

Colorado banks, CDFIs, microlenders and community groups stand ready to help the state’s small businesses and budding entrepreneurs to emerge from the COVID-19 pandemic poised to build upon their successes and new ideas.

Meanwhile, the U.S. Small Business Administration says nearly 70 percent of Paycheck Protection Program loans issued have been forgiven, and it’s working to simplify and expedite forgiveness on the remaining in the pipeline.

The SBA closed the PPP program early during the last week of May, citing a surge of applications filed in the final days of the program.

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