Colorado Enterprise Fund Sucess Stories
Colorado Enterprise Fund - Lending More Than Money for Over 30 Years

THE COLORADO ENTERPRISE FUND

The Colorado Enterprise Fund is a non-profit community development financial institution founded in 1976. We help people start or expand their small businesses. We make loans to businesses that can’t get financing from traditional sources. More importantly, we also provide management assistance to help entrepreneurs improve their business skills and knowledge.

We have helped hundreds of businesses like yours including bakeries, beauty salons, flower shops and child care centers. Our loans have financed grocery stores, trucking firms, auto detailers, and printing companies. We have assisted manufacturers of children’s items, food products, sports apparel and greeting cards. Maybe we can help you, too.

Our loan programs bridge the gap for businesses that might qualify for a bank loan someday, but need more time before they’re ready.

For over 25 years, we have been making loans that make a difference. Our goal is to help small business owners—including women, minorities and low-income people– achieve their dream to own their own business and be their own boss.

CEF MANAGEMENT AND STAFF PROFILES

Ceyl Prinster, CFA, President and CEO
E-mail: ceyl@coloradoenterprisefund.org
Phone: 303-860-0242, Ext. 204

Ms. Prinster has served as CEO of CEF since 1987. As CEO, she is responsible for the overall operations of CEF, including program delivery, resource development, strategic planning, and public relations. Prior to joining CEF, she was a Training Officer and Commercial Banking Officer at United Bank of Denver (now Wells Fargo). She is a Chartered Financial Analyst (CFA) and a member of the CFA Institute. In 1999, Ms. Prinster received both the State and Regional Awards for Financial Services Advocate of the Year from the U.S. Small Business Administration. She was one of the founding directors of the Colorado Association of Microloan Initiatives (CAMI), for which she currently serves as President. She also serves as Co-Chair of the Colorado Microenterprise Council and on the Board of Colorado Lending Source. In addition, she is a member of the Board of Directors of the national Alumni Association of the University of Notre Dame. In 1988, she was awarded the Tom Dooley Award for community service from the University of Notre Dame and the Award of the Year from the Notre Dame Alumni Club of Denver. She is a graduate of Leadership Denver, the Denver Community Leadership Forum and Colorado Outward Bound.

Diane Leavesley, Chief Operating Officer
E-mail: diane@coloradoenterprisefund.org
Phone: 303-860-0242, Ext. 210

Ms. Leavesley joined CEF in late April 2009 as COO. Her responsibilities are to manage the daily activities of CEF to ensure effective delivery of programs and adherence to policies. Prior to CEF, she spent the past 12 years as President of Mercy Loan Fund, a national CDFI that made loans to non-profit developers of affordable housing. She was responsible for directing the lending activities, loan servicing and resource development of MLF, a $33 million CDFI. Before joining MLF, she had fourteen years of commercial real estate experience including mortgage banking and appraisal.

Lewis Hagler, Director of Lending
Contact: lewis@coloradoenterprisefund.org, 303-860-0242, Ext. 205

As Director of Lending, Mr. Hagler is responsible for CEF's loan operations. He also consults with potential applicants about their business plans, performs credit analysis and loan underwriting, and is involved with ongoing technical assistance to borrowers. Mr. Hagler joined CEF in 1994. Previously, he was the Director of the Small Business Development Center in Boulder, which, as a result of his efforts, had the largest client base in the State. He is an entrepreneur with over 30 years experience in owning and operating a variety of successful business ventures, with special knowledge of the restaurant and food service industry. He has served as business consultant and trainer in a variety of settings, including his work as a consultant for both the FastTrac and NxLevel entrepreneurial training programs. Mr. Hagler's marketing skills, his extensive contacts in the community, and his "real-life" entrepreneurial knowledge of what it takes to run a business, make him uniquely qualified to manage CEF's marketing efforts and structure loan requests.

Angela Valdez, Manager of Loan Services
Contact: angela@coloradoenterprisefund.org, 303-860-0242, Ext. 202

As Manager of Loan Services, Ms. Valdez is responsible for managing the loan administration and documentation activities of CEF's loan portfolio, as well as internal bookkeeping. She prepares all loan documents, manages the loan closing process, billing notices and filing in the public records, as well as the internal files of CEF and computer backup systems. She is also responsible for the bookkeeping and loan monitoring reports for both internal and external purposes. Prior to joining CEF in 1997, she was a Documentation and Funding Administrator for Newcourt Financial and worked as a senior accountant for Citicorp Retail Services, Inc.

Anthony Masucci, Commercial Loan Officer
Contact: anthony@coloradoenterprisefund.org, 303-860-0242, Ext. 208

Mr. Masucci brings to Colorado Enterprise Fund a broad background in banking and lending. Prior to joining CEF in 2006, Mr. Masucci was a Branch Manager at Gateway Credit Union in Aurora, CO, where he excelled in marketing, management and customer service to a diverse clientele. Prior to his experience at Gateway, he held other banking positions at Vectra Bank and Wells Fargo Acceptance Corporation where he was responsible for generating loan business and managing a portfolio. He is a member of the Northern Aurora Business Association (NABA) Board of Directors and the Aurora Community Development Block Grant citizen's committee.

Teresa Vanderbosch, Office Manager/Marketing Coordinator/Executive Assistant
Contact: teresa@coloradoenterprisefund.org, 303-860-0242, Ext. 201

As Marketing Coordinator, Teresa Vanderbosch is responsible for all aspects of our marketing efforts which include our monthly newsletter and banker mailings. Prior to joining CEF in 2006, she spent 12 years experience in marketing, sales and customer service; she also worked as a closer for Land Title in Colorado and as Customer Service Manager at title company in Arizona. Teresa also provides office and management support.

Alan Ramirez, Commercial Loan Officer
Contact: alan@coloradoenterprisefund.org, 303-860-0242, Ext. 203

Alan Ramirez worked as a loan consultant for Pulte Homes, a multinational home builder, and spent two years with Denver Home Approval as a loan officer. He has traveled extensively through South America and Europe after receiving his BS in International Business from Regis University. Alan is fluent in Spanish, and handles our Spanish-speaking clients.

Robert Lohringel, Asset Quality Manager
Contact: bob@coloradoenterprisefund.org, 303-860-0242, Ext. 207

Robert Lohringel started at CEF in April 2008. His job is to ensure the efficient collection of loan payments and to oversee any legal action against borrowers. Robert makes calls on past due accounts and if needed, negotiates with borrowers to restructure loans so that the borrower's cash flow can support their monthly payment. Bob spent 25 years at Citibank, where he performed detailed financial and cash flow analysis for complex credits and worked as a Relationship Manager for large corporate clients.

Marcia Johnston-Walden
Contact: marcia@coloradoenterprisefund.org, 303-860-0242, Ext. 206

Ms. Johnston-Walden brings a varied background of accounting, internal audit, credit analyst, loan officer, and loan operation skills to CEF. At CEF since August 2009, she works closely with the Director of Lending to screen applicants for fit with lending parameters, review required documentation from the customer for underwriting, and prepare the loan approval document for Loan Committee. Additionally, she is responsible for preparing loan closing documents and conducting loan closings. Prior to CEF, she most recently worked in various capacities for a community bank as loan officer, interim Loan Operations supervisor, and loan reviewer; and previously a credit analyst for a national bank. Ms. Johnston-Walden has a degree in accounting from Colorado State University and is an unlicensed CPA in Colorado since 1986.

Chantal Paskins, Controller

Ms. Paskins joined CEF in September 2000 as the Controller and Financial Administrator. She oversees CEF's accounting process and is responsible for financial analysis and reporting. Ms. Paskins is a Chartered Accountant (CPA equivalent in Canada) and has over 20 years of experience in accounting and finance services including preparation of financial statements and budgets, as well as analysis of cost centers and performance measures. Her substantial financial experience includes working for JD Edwards, COBE BCT, Inc., AT& T Wireless, Deloitte & Touche, as well as owning and operating her own financial consulting business, Figures & Facts.

THE CEF BOARD OF DIRECTORS

Ceyl Prinster, President & CEO
Executive Director
Colorado Enterprise Fund

Deborah L. Kelly, Treasurer
Vice President
Bank of the West

Steve Johnson, Vice Chair
Manager, Commercial Lending
Colorado Housing & Finance Authority

Janney Carpenter, Chair
Independent Consultant
Formerly with Shorebank Advisory Services

Shelly Marquez
VP of Community Development
Wells Fargo Bank

   

Susan Brown, Secretary
Former owner of
The Boppy Company, Ltd.

Phil Parrott
Managing Parnter
Cheyenne Capital Fund

Tamela Lee
Director
City of Denver Small Business Opportunity Division

Dan Clark
Owner & CEO
Ross Reels

Linda Tinney
VP of Community Relations
U.S. Bank

 

MAJOR CONTRIBUTORS AND INVESTORS

Includes funding for loan capital and operations 1983 - 2005

  • US Small Business Administration
  • US Dept. of Treasury – CDFI Fund
  • Piton Foundation
  • State of Colorado
  • Local Initiative Support Corporation (PRI)
  • Amoco Foundation (PRI)
  • US Bank
  • FirstBank
  • City of Boulder
  • National Community Capital
  • Ft. Collins Microloan Program
   
  • Coleman Foundation
  • Denver Foundation
  • Colorado Housing and Finance Authority
  • Moye Giles, LLP
  • Hein and Associates
  • Green Manning and Bunch
  • Freeman Wall, LLC
  • Calvert Social Investments
  • Women's Foundation of Colorado
  • Colorado Lending Source
Susan Brown
The Boppy Company

Award winning baby pillow company.

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