Colorado Main Street Program – ($5,000-$50,000)
The Colorado Main Street loan program is is a character-based financing option available to small businesses who are unable to secure a conventional loan to start or grow their business. Loans range from $5,000 to $50,000 and can be used for a variety of business purposes.
Funding for this loan program comes from several sources including Colorado Lending Source, banks, foundations, private entities and government agencies (specifically the US Small Business Administration and the US Department of Agriculture).
Qualified borrowers can use Colorado Main Street loan funds for:
- Start-up expenses
- Working capital
- Purchasing equipment, furniture, fixtures, inventory, vehicles (necessary to the operation of the business), leasehold improvements
- Buying a business or franchise
- Business debt refinancing