Finance Tools

Small business start-ups and growing small businesses in Commerce City can access several programs to address their financial needs. These programs include the U.S. Small Business Administration’s (SBA) 7(a) and 504 Loan Programs. The SBA works with commercial lenders to provide these programs.

Commercial banks and/or credit unions in Commerce City, include:

 Commercial banks  
 Academy Bank

 5990 Dahlia St
 303-288-4495

 Wells Fargo Bank

 18220 E 104th Ave #101
 303-227-4250

 Bank of the West

 7326 Magnolia St
 303-202-5333

 FirstBank - 104th & Chambers

 15250 E 104th Ave
 303-288-8300

 Wells Fargo Bank

 Parkway Market Center
 6025 Parkway Dr #195
 303-286-2487

 BBVA Compass

 North Range Town Center
 15580 E 104th Ave
 303-390-4775

 KeyBank

 6565 E 73rd Ave
 303-287-7411

 Community Choice Credit Union

 6921 E 72nd Ave
 303-287-8025

 U.S. Bank Branch

 4850 E 62nd Ave
 303-853-0255

 

Micro and Small Business Loans – up to $250,000

ACCION invests in the community by increasing access to business credit, making loans and providing training to help emerging and existing entrepreneurs.

Colorado Enterprise Fund (CEF) provides small business loans up to $150,000 to entrepreneurs unable to obtain financing from traditional sources. In addition, CEF administers a loan program on behalf of Adams County for business loans of up to $50,000 for up to five years if they have annual gross revenues under $2 million. Businesses can use their loans for working capital, equipment and inventory purchases, property improvements, business purchase and commercial real estate.

Loans over $250,000

Colorado Housing and Finance Authority (CHFA) provides fixed-rate financing for small business loans guaranteed by the Small Business Administration. Loans may be used for working capital, equipment purchases, business expansions and real estate acquisitions.

Colorado Lending Source (CLS) offers small businesses access to attractive, fixed-rate, long-term financing for real estate and equipment expansion projects.

Small Business Administration (SBA) offers a variety of loan programs for specific purposes. Ask your local business bank about the SBA loans they currently provide.

Other Programs

Advanced Industries Early-Stage Capital and Retention Grant: Funding to support companies using technologies developed in proof of concept grants and other early stage start-ups that have created viable products that meet a market need and that can be created or manufactured in Colorado and exported globally.

Colorado Enterprise Zone: Adams County offers businesses a loan of up to $50,000 for up to five years if they have annual gross revenues under $2 million. Businesses can use their loans for working capital, equipment and inventory purchases, property improvements, business purchase and commercial real estate

Colorado Minority Business Office: The Minority Business Office (MBO), located within the Colorado Office of Economic Development and International Trade, is dedicated to advancing the efforts of Colorado’s minority and women-owned businesses. An established network of public, private and government resources can be leveraged by businesses of all types and sizes.

Industrial Revenue Bonds help Colorado manufacturing companies fund capital expenditures for acquisitions or expansion and for purchasing equipment through the issuance of tax-exempt bonds. Project size should be at least $1 million and cannot exceed $20 million. Only $10 million of the project is tax exempt. Adams County receives an annual bond allocation for this program. Contact the city’s economic development division for more information about this financing tool.

Manufacturer’s Edge: A statewide manufacturing assistance center that encourages the strength and competitiveness of Colorado manufacturers. Manufacturer’s Edge executes onsite technical assistance that provides coaching, training, consulting, collaboration-focused industry programs, and leverages government, university and economic development partnerships.

Rocky Mountain MicroFinance Institute combines business development services and microloans to help entrepreneurs build businesses as a means of becoming economically self-sufficient.

Venture Capital Authority was established to provide seed- and early-stage capital to businesses. The minimum and maximum investment size generally ranges from $100,000 – $3.375 million.

International Trade

Export Services: Colorado Office of Economic Development and International Trade (OEDIT) offers a variety of services related to developing export opportunities for Colorado industry. These services include export counseling, tradeshows, foreign missions, incoming buyer delegations and trade-related education.

Rocky Mountain Trade Adjustment Assistance Center (RMTAAC): RMTAC administers grants for manufacturers who want to more effectively compete in global markets.

U.S. Export Assistance Center: The USEAC aims to help increase export sales for Colorado businesses by leveraging their global network of 165 offices in 82 countries around the world as well as a multitude of local and national partners.

World Trade Center: A resource for businesses that provides comprehensive international trade services and key global contacts to facilitate and expand trade and international business throughout Colorado.