CHFA eNews

Business Finance
eNews

07.30.09


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!
 

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Colorado Housing and Finance Authority | 1981 Blake St | Denver | CO | 80202