New Revolving Loan Fund Available to Littleton Businesses

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Media Contact: Hallie Kim, Barefoot PR
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New Revolving Loan Fund Available to Littleton Businesses

Colorado Enterprise Fund and the City of Littleton/Littleton Economic Development are teaming up to make more capital available to small businesses

DENVER (March 13, 2025) – New loan opportunities are coming to the City of Littleton with the help of Colorado Enterprise Fund (CEF). Littleton is the latest municipality to join CEF’s Community Loan Fund partnership, an innovative revolving loan program that creates funding opportunities for small businesses that can’t obtain traditional funding. CEF, a nonprofit Community Development Financial Institution (CDFI), disburses the loans to small businesses in Littleton, and as the loans are repaid, funds are reinvested into new Littleton small business loans, thus, the capital stays in the community, sustaining the program for years to come.

“We’re thrilled about this revolving loan fund for our community,” City of Littleton Economic Development Director Rachel King said. “Providing capital to invest in our community will help build small businesses, drive community development, and help both create and retain jobs.”

Creating a robust and resilient economy is a priority for the City of Littleton, with ongoing efforts to provide small businesses with the opportunity to establish roots and thrive in the community. As costs continue to rise, Littleton recognizes the hardships business owners are facing and remains committed to supporting the business community through many avenues, including the Community Loan Fund. This fund was established to provide additional support for entrepreneurs and business owners facing barriers to traditional financing. The goal of this resource is to attract, retain, and grow businesses that contribute to the needs and interests of both residents and visitors.

“This partnership with the Littleton Economic Development department is a great example of what it means to make an impact on the communities we serve,” CEF Chief Operating Officer Nim Patel said. “Through the Community Loan Fund we are able to support small businesses that are the fabric of the Littleton community.”

Interested businesses in Littleton can apply for microloans with a fixed rate up to $50K. (If a larger loan is needed, CEF has other loan products to supplement this microloan.) Terms vary based on use and amount but can be up to 60 months. The loan uses include working capital, equipment, inventory, lease payments, commercial loan obligations, refinance or debt consolidation, property improvements, or purchase of a business.

Since 2009, CEF has distributed more than $48 million through its Community Loan Funds to 12 cities and counties across Colorado. Littleton businesses interested in applying for the Littleton Revolving Loan Fund can find more information and apply here.

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About Colorado Enterprise Fund
Colorado Enterprise Fund (CEF) is a nonprofit small business lender dedicated to supporting undercapitalized entrepreneurs start or grow their business. CEF, a Community Development Financial Institution (CDFI), offers loans ranging from $10K to $1M for those who don’t meet traditional financing guidelines, filling a vital void between conventional banking and high-interest alternatives. Beyond financing, CEF provides no-cost business coaching to support clients’ growth and sustainability. CEF has disbursed over $441million in capital to 9,800 businesses statewide and is celebrating their 50th anniversary in 2026. For more information, visit: www.coloradoenterprisefund.org

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