• Resources for Funding Outside of EIDL, PPP

    CLIMBER Loan Fund
     
    Program Details
    ·     $30k to $500k loans available for working capital
    ·     Below-market interest rates
    ·     Payment deferrals for up to 1 year
    ·     Maturities of up to 5 years
    ·     Refinancing options available

    Do You Qualify?
    Step 1: Establish if you meet program qualifications.

    •  A for-profit corporation, partnership, or association incorporated in Colorado,
    • Filed with the Colorado Secretary of State as a foreign entity authorized in Colorado,
    • A nonprofit in Colorado, or
    • A sole proprietorship owned by a Colorado resident with primary operations in Colorado
    • You have between 5-99 employees.
    • Your business had a 2-year positive cash flow in the past 5 years prior to February 29, 2020.
    • Your debt service coverage ratio was at least 1:1 prior to February 29, 2020.
    Step 2: Meet with a Participating Lender to apply.
    Are you ready? This checklist will show you recommended materials to have ready before applying with a lender.