Colorado Lending Source has made loan funds available specifically for businesses impacted by the COVID-19 pandemic and are located in rural Colorado.
The intent of this program is to help small businesses survive and retain employees during these challenging times. Financing is available at a fixed interest rate over twenty-four months (two years) with no payments of principal and interest due during the first six months of the loan.
- $10,000 loans
- 3.75% fixed interest rate
- Two year terms
- Payments deferred for six months
- Must be located in a rural community