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Cash Collateral Support Program
Cash Collateral Support (CCS) creates greater access to capital for small and medium sized businesses operating in Colorado that are experiencing difficulty securing credit due to collateral shortfalls. CCS uses small amounts of public resources to encourage private bank financing. The program provides a deposit of cash as collateral for a business loan when a business cannot meet the lender’s collateral requirements. The Office of Economic Development and International Trade provided $15.8 million in funding for CCS. Funding was made available through the Small Business Jobs Act of 2010. This funding is expected to support up to 150 private business loans throughout Colorado.
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