There are three different sorts of loan programs that you can access through Colorado Lending Source.

The SBA 504 loan program:
Usually the BEST financing option around for owners who are buying, improving or constructing facilities primarily occupied by their small businesses.

The CRF loan program:
This non-SBA program might be a good option on projects normally ineligible for the SBA 504 loan program (such as projects involving refinancing), or where more flexibility is needed by a small business owner.

The NMTC loan program:
Another non-SBA program, New Markets Tax Credit (NMTC) financing might be a good option for projects located in an eligible lower-income census tract.

information Quick Links
(click on a link to download a PDF file)
SBA 504 Brochure (tri fold)

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Colorado Lending Source

Colorado Lending Source is a private, community-based, nonprofit economic development corporation that assists small business owners in Colorado access attractive, long-term, fixed-rate financing on (primarily) owner-occupied commercial real estate and capital equipment acquisition projects.

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Our Mission

The mission of Colorado Lending Source is to foster the economic growth of diverse small businesses, within, across and all over this big, wide, beautiful state of Colorado. Key to this is your understanding, as a small business owner, of the benefits and costs of each of the loan programs we offer. We strive to make the process of applying for and receiving a loan for your small business, as straightforward and as transparent as we possibly can. There are no secrets or surprises when you work with Colorado Lending Source.

Current Interest Rates

Interest rates for the SBA 504 loan program are set once a month with the sale of a bond on the New York market. The table below shows the most recent effective interest rates for the 504 loan program together with rates on the two companion loan programs we offer. For more information and a historical interest rate chart, please click HERE.

Most Recent Program Interest Rates (May 14th 2008)
SBA 504 Loan Program - 20 years (fixed rate)
= 6.463%
SBA 504 Loan Program - 10 years (fixed rate)
= 6.102%
CRF Business Loan Program - 20 years (fixed rate)
= 8.328%
NMTC Business Loan Program - 25 years (fixed rate)
= 6.228%

 

 

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