CCR is ready, are you?
Sign up to participate in the Colorado Credit Reserve (CCR) program and reduce your
lending risk while helping small businesses access capital!
The CCR program is a credit enhancement tool designed to stimulate safe and sound
small business lending by reducing risk. A program-funded loan loss reserve account (held
at the bank) strengthens small business credit applications by offsetting future losses on
registered loans, all at the bank's discretion.
Register your branch today! Advantages are:
- Loans and lines of credit up to $500,000 are eligible.
- Banks underwrite, originate, close, and service the loans.
- The reserve account is held at the participating bank's location.
- The registration and claims process is streamlined.
- Bank participation is free.
The program is fully operational and CHFA is already signing up banks statewide. Visit
our CCR website at
www.chfainfo.com, or email us at
ccr@chfainfo.com to become a
participating lender today!