Business Loan Fund
The El Paso County Business Loan Fund provides loan funding to private, for-profit small businesses and startups in El Paso County, who otherwise may not be able to access financing through conventional lenders. Borrowers have access to loan funding and wrap-around support services, such as education, consulting and/or mentorship, and technical assistance services. The El Paso County Business Loan Fund (BLF) is a revolving loan fund program administered locally by Colorado Enterprise Fund (CEF) for El Paso County.
Goals: The primary goals of the BLF are to create and retain jobs, and to expand and diversify the economic base of El Paso County.
Eligible Areas/Businesses: The BLF funds are available to private, for-profit businesses. Eligible businesses must satisfy at least one of the following criteria:
- Be located in one of the following zones – Pikes Peak Enterprise Zone or one of Pikes Peak region’s eight (8) federally designated Opportunity Zones
- Be a woman-owned, minority-owned, veteran-owned, or rural business
The first step is to head to Colorado Enterprise Fund’s website and fill out a Loan Inquiry Form. As soon as the form is reviewed by CEF, someone from their team will reach out to you directly regarding your submitted form and next steps.