B:Side offers loans under $75k to Colorado startups that have been in operating from 6-24 months. The loan has a 10% interest rate and can be used for working capital, debt refinancing, equipment and inventory.
Colorado programs providing financial assistance for entrepreneurs
Colorado operates three SSBCI financing programs: one loan participation program, one collateral support program, and one equity/venture capital program. The Colorado Office of Economic Development and International Trade (OEDIT) is the implementing entity for the state. The Colorado Housing and Financing Authority (CHFA) administers the two credit support programs, and the Colorado Venture Capital Authority (CVCA) administers the venture capital program.
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CO SSBCI program details at a glance
State Small Business Credit Initiative (SSBCI) program administrator(s): Colorado Office of Economic Development and International Trade (OEDIT), the Colorado Housing and Financing Authority (CHFA), and the Colorado Venture Capital Authority (CVCA)