CCR is ready to go—are you?

Register with CHFA to participate in the Colorado Credit Reserve (CCR) program and help small businesses grow!

CHFA's CCR provides lenders with a credit enhancement in the form of a borrower- and program-funded loan loss reserve account held at the participating bank. Lenders can use the reserve account to mitigate risk and offset future losses from loans registered in the program. The reserve account grows over time as lenders register new loans and registered loans payoff.

Register today! Advantages are:

• Participation is free.
• The reserve account is pooled at your bank to maximize the benefit to you.
• Your contact information is added to our published participating lenders list.
• It's a tool to build your loan portfolio.
• Borrowers enjoy a streamlined registration process.
• Loan size has increased from $150,000 to $500,000.

Eligibility:

• Eligible borrowers include nonprofits, for profits, agriculture, and manufacturing businesses.
• Eligible loans include equipment purchases, lines of credit, working capital, real estate, etc.
• There are additional incentives for women- and minority-owned businesses and businesses located in state-regulated Enterprise Zones.

In the past, the program helped about 500 businesses access capital to grow and expand and create and retain jobs. With recent legislation, the state has appropriated new funding to the program to build on this past success. Visit our CCR website or contact CHFA to become a participating lender today!