It’s about partnerships

Commerce City Community Loan Fund

CEF and the Commerce City began our partnership in 2020  to provide loans and invest in small businesses within the city limits of Commerce City.

 

Who Can Apply?

  • New or existing business whose primary office is located in the Commerce City
  • 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

24

Commerce City Small Businesses Served

$1,543,742

Capital Disbursed in Commerce City

171

Job Created/Retained

Information on Commerce City Economic Development

Thank you to this organization for investing in this Community Loan Fund to support the creation and growth of small businesses in Commerce City.

Apply Now