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Colorado Credit Reserve Program
The Colorado Credit Reserve (CCR) program creates greater access to capital for small businesses in Colorado by using small amounts of public resources to encourage private bank financing. The program provides an incentive for banks to offer businesses loans by creating a pooled reserve account to fund losses associated with loans registered in the program. The Office of Economic Development has provided $2.5 million additional funding for the program administered by CHFA. This funding should support up to 500 small business loans.
Click here for a list of
CCR Participating Lenders
Click here for
lender documents
.
Additional incentives are available to banks that register women and minority owned businesses, or businesses located in State Enterprise Zones.
Click here for a map of the
Colorado State Enterprise Zones
.
Click here to search for
State Enterprise Zones using an address
.
Partners
Colorado Office of Economic Development and International Trade
The Colorado Bankers Association
Independent Bankers of Colorado
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