It’s about partnerships

Town of Parker Community Loan Fund

CEF and the Town of Parker began our partnership in 2019 to provide loans and invest in small businesses within the town limits of Parker.

 

Who Can Apply?

  • New or existing business whose primary office is located in the  Town of Parker
  • Must have a business license with the Town of Parker
  • 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

18

Town of Parker Small Businesses Served

$925,425

Capital Disbursed in Town of Parker

139

Job Created/Retained

Information on Town of Parker

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

Apply Now