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Loans

Customized loan options that fit your business.
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Loans | Colorado Enterprise Fund
Small Business Loans

Whether you've been turned down by a bank or are tired of the high interest rates of payday or other loans, with our flexible terms & loan programs, we're sure to have one that fits your needs.

Our small business term loans, including SBA microloans, are customized for your small business.

  • Starting at $1,000, up to $1,000,000
    • Our average loan size is $37,000
  • Fixed Rate
  • Up to 10 years
  • For working capital, equipment, inventory, property improvements, business purchase or commercial real estate.

 

Get Started With a Loan Inquiry Form
 

COVID Relief Products & Other Loan Programs

As small businesses have had to pivot to adjust to the new landscape that the coronavirus pandemic has created, we have pivoted our produts to serve you during these times. We also have core specialized loan programs that are outlined below. Our experienced lending team will work with you to understand your unique needs and build a loan to suit your small business.  Read more about the special rates and other incentives below.

 

Paycheck Protection Program

With the application period for the PPP now closed, please check back often for updates on forgiveness and more.
Learn More
 

City & County COVID
Relief Loans

In response to the economic impact of COVID-19, special rates and terms are available for small businesses through these loans.
Learn More
 

Delta Dental COVID Relief Loan

Oral health providers impacted by COVID-19 can apply for this loan thanks to Delta Dental of Colorado Foundation.
Learn More
 

Community Loan Funds

These loans help to fuel economic development within communities. Check to see if there is a fund available for your small business' area.
Learn More
 

VALOR for Veterans

For honorably discharged military veterans and their Gold Star Families.
Starting at $15,000
Fixed rate
Up to 10 years with interest-only period up to 6 months
 
Get Started
 

Healthy Food Access

Have a business idea to help an area in need of food access? This loan is for you.
Starting at $15,000
Special rates for those serving low-income areas needing food access
Up to 2 years 
Get Started
 

SBA Microloan

Loans up to $50k for those just starting out or those whose business is growing.
From $1,000 to $50,000
Fixed rate
Up to 7 years

 
Get Started
 

New Markets Tax Credits

Equity investments and debt financing create flexible capital to provide a project with 18-23% of the financing it needs in the form of a forgiveable low interest loan.

 
Get Started
Our Step by Step Process

How it Works

 
Step 1
Call us or fill out a loan inquiry form to determine your eligibility. Then, a Lending Officer will work with you to understand your small business and put together a loan to suit your business needs.
Step 2
Submit your application and gather your documents. Our Loan Closing Specialists will work with you to ensure a seamless process. 
Step 3
Once approved,  you'll go to your loan closing with your Loan Closing Specialist. Then, you'll receive funding!
Step 4
Connect with our Business Acceleration Services team and receive one-on-one support from your business coach. This service is free of charge for all CEF customers.
 

Get Started with a Loan Inquiry Form

Here Are The Basics

FAQs

We utilize basic lending principles when reviewing a small business loan application, but the difference is that we are more flexible than most lenders in how we apply these principles. 

Qualifying factors include the ability to repay the loan, how much experience you have in the industry, collateral to secure the loan, and a good payment history with other creditors. Once your application has been submitted for underwriting, we will consider these factors and others including the business industry climate, cash flow/profitability, and equity in the business. 

  • Tax ID and Business Structure (i.e. Corporation, LLC)
  • Current bank statement from additional accounts
  • Balance information on any outstanding merchant cash advances
  • For renters, landlord name and contact information
  • Average monthly sales, itemized by cash and credit card
  • Monthly business expenditures
  • List of business assets and value (equipment, vehicles, computers, etc.)
  • Debt information (credit card, additional loans, etc.)
  • Personal income and expense information
  • If applicable, personal income and expense information for a co-borrower

The speed of the application process and getting approved depends largely on how quickly you submit your paperwork for review. Typically, it takes 3-7 business days for underwriting and, once approved, 2-3 weeks to get your closing scheduled.

Absolutely not! We have many bank and credit union partners across the state, and encourage applicants to explore loan options with them first, but applicants do not have to be rejected by a financial institution in Colorado to qualify for a loan from CEF.