The Colorado Small Business Development Center Network provides the following lenders as possible sources of funding for small businesses in Colorado.
You may apply to any or all of the following lenders. We recommend you start with the lender that seems to work with businesses that look like yours and provide the types of loans that you are looking for.
Accion is a nonprofit community lender dedicated to helping entrepreneurs generate income, build assets, create jobs, and achieve financial success through business ownership. Founded in 1994, Accion is now the largest nationwide nonprofit lending network in the United States. Accion provides fair and flexible loans, connections to business experts, and access to resources and opportunities specifically tailored to each business owner’s unique needs and goals. The network serves small businesses in communities across the U.S. and is made up of three certified Community Development Financial Institutions (CDFIs).
Accion works with businesses including, but not limited to:
- small businesses
- retail sales
- professional services
- food and beverage businesses
- salons and spas
- restaurants and food industry
- Native American business owners
- minority-owned businesses
- business owners with disabilities
- green businesses
Colorado Lending Source helps people create thriving businesses with funding, education, and resources.
- commercial real estate
- general business
- community advantage
- Colorado Main Street
Colorado Lending Source is a membership-based organization made up of lenders, small businesses, community organizations and government groups. Membership is free for individuals.
The Colorado Enterprise Fund finances and supports entrepreneurs and small businesses. It started in 1976 to expand access to financing and offer flexible terms to business owners when traditional lenders were unable to do so. Today, the Colorado Enterprise Fund provides business consulting services and connects small businesses and entrepreneurs to resources. Loans vary from a few thousand dollars to $500,000.
Colorado Enterprise Fund is a lending partner, not a bank. It uses basic lending guidelines when reviewing a small business loan application. The difference is flexibility in applying these guidelines.
Colorado Enterprise Development Services assists immigrants, refugees, and those from underserved communities to start, grow, or improve small businesses in the Denver metro area.
Colorado Enterprise Development Services started in 2009, and became an independent 501(c)(3) nonprofit organization in 2011, a Community Development Financial Institution in 2012, and a Small Business Administration Microloan Intermediary Lender in 2015.