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Brighton Community Loan Fund
CEF and Brighton began our partnership in 2020 to provide loans and invest in small businesses within the city limits of Brighton.
Who Can Apply?
- New or existing business whose primary office is located in Brighton
- Must have a business license with the city of Brighton
- Small businesses not eligible for financing through a traditional bank
- Generally, businesses with revenues less than $2M/year
- Generally, small businesses with less than 20 full-time employees
Loan Amount & Terms:
- Microloans: Up to $50k (If you need a larger loan amount, CEF has other loan products to supplement this lending source.)
- Terms vary based on use and amount, but can be up to 60 months
- Fixed Rate
Loan Uses:
- Working capital
- Equipment
- Inventory
- Lease payments or commercial loan obligations
- Refinance or debt consolidation
- Tenant finish or property improvements
- Purchase of a business
37
Brighton Small Businesses Served
$2,107,725
Capital Disbursed in Brighton
260
Job Created/Retained
