El Paso County and Colorado Enterprise Fund are working together to provide loans ranging from $10,000-$50,000 to new and existing for-profit small businesses in El Paso County. The El Paso County Community Loan Fund program is a revolving loan program that provides financing opportunities for entrepreneurs who do not qualify for traditional lending, helping them access the capital they need to start or grow their small businesses. Borrowers have access to loan funding and free business navigation services, including business coaching and education.
About the Program
Learn More and Apply
If you are interested in learning more and starting the application process, click “Get Started” to head to Colorado Enterprise Fund’s website to find out more information about required documentation, resources available, and steps needed to apply.
Who Can Apply?
Program Geographic Priority Areas:
Eligible Loan Uses
- Equipment
- Inventory
- Lease payments
- Business purchase
- Property improvements
- Other uses!
Loan Parameters
Loan parameters depend on multiple factors and specific loan needs. Loan terms typically range anywhere from 1-5 years, and the interest rate is fixed, depending on loan size and terms.
Contact Us
Katie Plutz
Economic Development Analyst
9 E. Vermijo Ave.
Colorado Springs, CO 80903
719-520-7493
katieplutz@elpasoco.com