MariJane and Joe Thomas
Castle Rock Gift & Garden
Home and garden center.
CLICK HERE to read more success stories.
LOAN APPLICATION
- When you have your information ready, click the online application button below. You will be asked to input data on yourself and your business.
- Loan Application Instructions:
- Please fill out all fields completely and accurately.
- Pay close attention to the formatting of phone numbers, SSN, dates, web address, etc. This information must be formatted exactly like the examples in the application for a submission to be successful.
- There is a ten minute time limit per page. After ten minutes the page will time out and you must restart the application.
- The application is only compatible with Internet Explorer.
- If you have the Google Toolbar enabled, please disable it prior to beginning the application. The Google Toolbar is incompatible with our application.
- Please use actual financial figures from operations when available, not projections.
- At the end of the application, you will be prompted to give your credit or debit card information to pay the loan application fee of $25 (per borrower). Please have this information ready before you start your online application. Upon submission of your application your credit report will automatically be pulled.
- When setting up your password to complete the application it should consist of 8 characters or more and contain at least one capital and a character.
- This is a secure website.
Click Here for a worksheet to help you prepare your answers for the online application.
This worksheet requires Adobe Reader. To download this software Click Here.
Thank you for submitting your application to the Colorado Enterprise Fund! You will be hearing from one of our loan officers soon.
If you have any difficulty and need to ask questions, please feel free to contact us at 303-860-0242, Extension 201.
LOAN PROCESS
Our loan process takes approximately 20 business days. The overall length of time is dependent on how quickly the applicant turns in complete requested information. If you start an application online and do not complete it within 30 days, it will be deleted from the system and you will need to create a new application.
Please read over the steps in the loan process before applying online. You may use the application worksheet provided to help you organize your information prior to applying online.
Step 1: APPLICATION
- Application submitted for review. (Prior to closing we will need a copy of a valid ID.)
- Preliminary response for loan approval or denial in 1-3 Business Days.
Step 2: DOCUMENTATION AND UNDERWRITING
- Support documents requested by our underwriting department could include:
- Personal Tax Returns
- Proof of Current Income
- Business Bank Statements
- Up-to-date Profit & Loss Statement
- Enlarged & Legible Copies of Driver's License
- Personal Bank Statements
- Business Tax Returns
- Informal Business Plan
- Up-to-date Balance Sheet
- Co-Signer/Guarantor Info
- Additional substantiating documents may be needed upon loan approval.
- A Colorado Enterprise Fund representative will conduct a collateral inspection.
- Average time to complete is dependent upon the applicant's timely submission of complete information.
Step 3: FINAL DECISION
- Loan is approved or denied.
Step 4: LOAN CLOSING
- Closing documents signed by all parties, check given to borrower.
- CEF requires automatic bank account payments. You will need a voided check to set that up.
Equal Treatment of Clients
We do not discriminate on the basis of race, color, religion, gender, marital status, disability, age, national origin or sexual orientation in services or accommodations offered or provided to our employees, clients or guests.