Small Business Loans Colorado Covid. The intent of this program is to help small businesses survive and retain employees during these challenging times. Colorado lending source has made loan funds available specifically for businesses impacted by the covid 19 pandemic and are located in rural colorado.
Express bridge loan pilot program allows small businesses who currently have a business relationship with an sba express lender to access up to 1 000 000 with less paperwork these loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct sba. The intent of this program is to help small businesses survive and retain employees during these challenging times. Colorado lending source has made loan funds available specifically for businesses impacted by the covid 19 pandemic and are located in rural colorado.
Attempts to slow and prevent the rapid spread of covid 19 may negatively impact business creating cash flow issues.
Small business administration has approved colorado s request for a statewide disaster declaration a move that will free up billions in emergency loans at low interest rates for sma. Attempts to slow and prevent the rapid spread of covid 19 may negatively impact business creating cash flow issues. Right now there are federal efforts to increase emergency low interest loans for small businesses. The loans range from 100 000 to 300 million.