Cash Collateral Support
Colorado Office of Economic Development and International Trade
Who can apply
Business
About this opportunity
The Cash Collateral Support program helps small and medium-sized businesses in Colorado access loans that they would otherwise not get because they do not have enough collateral. This credit enhancement uses small amounts of public resources to encourage private lenders to loan money to businesses. The program provides a cash deposit as collateral for a business loan or credit facility when the business cannot meet the lender’s collateral requirements. One of the goals of this program is to support employee ownership business transitions and financing for employee-owned businesses. For additional resources visit the Office of Employee Ownership. Lenders can apply for up to 35% of the loan amount or $1,000,000, (for employee ownership, up to 40% or $800,000), whichever is less, in collatera...