Honey who shrunk the entrepreneurs?
05/07/2018
It is a well-documented fact that the relative number of new small businesses hiring employees is declining each year. At the same time, an increasing number of go-it-alone solo entrepreneurs are emerging as the gig economy heats up and people start side-businesses in addition to holding down...
First Quarter 2018 Western Slope Impact
04/12/2018
We love helping businesses across Colorado, especially on the Western Slope! Check out our impact from the first three months of 2018:
Finding the Community Advantage
04/10/2018
How financing your dreams helps us fulfill our mission to foster the economic growth of diverse small businesses. We became a lender 28 years ago, and since then have worked to help ensure Colorado is a great place to start and grow a business. Today, we offer four small business loan programs to...
SBA 7(a) Policy Updates
04/09/2018
SBA Notice 5000-17057 Dated 4/3/2017 this Notice revises and clarifies several policies in SOP 50 10 5(J), with changes effective immediately. Here's a summary of the key points: Credit Elsewhere and Owner Liquidity: Lenders are now required to consider the liquidity of owners of 20% or more of the...
The New SBA 504 25-Year Debenture
04/04/2018
The Small Business Administration announced on Tuesday, April 3rd that they will begin accepting applications for the SBA 504 25-year Debenture.
Ladies, Let's Talk Business...
03/28/2018
Resources for Female Entrepreneurs In honor of Women’s History Month, we want to highlight some small business resources that are specifically dedicated to female entrepreneurs. Creating a network of like-minded individuals is beneficial for anyone looking to pursue a business venture, especially...
The Benefits of Bank Trainings
03/14/2018
We know the Small Business Administration loan programs can be overwhelming... so to help your lending team navigate the loan process, Colorado Lending Source is proud to offer bank trainings! Bank trainings are a great opportunity for lenders who are looking to learn more about the SBA loan...
Why are men disappearing from the U.S. labor force?
03/07/2018
The Federal Reserve Bank of Kansas City recently published a studious Economic Review article looking at why... ... the labor force participation rates among prime aged males has declined so rapidly over the last two decades. The author of the article argued that the primary reason why fewer and...
A 5 Step Guide to Starting a Business
02/23/2018
There are many different things to consider when starting a business. The process may seem overwhelming, daunting or even terrifying at times, but there are a variety of resources and steps you can take to get your business off the ground.
On this day in 1779 …
02/14/2018
On this day in 1779 … A few years after “discovering” Australia, Captain James Cook had sighted and anchored off the Islands of Hawaii in January 1778, where he spent two weeks trading and taking on food and water in preparation for his exploration of the coast of North America and Alaska, in...