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CO
Colorado State Small Business Credit Initiative (SSBCI) – Cash Collateral Support (Professional Services)
Cash deposit placed as collateral to support Colorado professional services business loans when the business cannot meet conventional collateral requirements. Up to 25% of loan or $500,000.
About this program
Visit the program website for full details.
Eligibility
Colorado professional services businesses needing a loan but lacking sufficient collateral. Maximum loan size $10 million.
Requirements
- Colorado-based business
- Loan application through a participating lender
- Cannot meet standard collateral requirements