State of Colorado Revolving Loan Fund
The San Luis Valley Business Loan Fund provides financing for business expansion, retention, and start-ups. Businesses must be able to provide or retain permanent full time equivalent jobs, filling 60% of the positions with low-moderate income persons. We are a gap financer and encourage bank participation. We do not compete with or replace local lending institutions. We are not a lender of last resort; however, our programs are not usually as restrictive as banks. Loan proceeds can be used for:
- Real estate
- Working capital
The SLV Revolving Loan Fund has been in existence since 1984. We have assisted 174 businesses during the past 24 years with loans of more than $10,085,321. Local banks and private investment leveraged these funds to over $36,418, 210 with the creation of at least 879* jobs.
*Includes 2 jobs per each MEP loan project.
SLVDRG Loan Application
SLVDRG MEP Application
SLVDRG Sources and Uses
Personal Financial Statement
Outline of a Business Plan