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:

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

Commerce City Small Business and Microloan Fund Colorado Enterprise Fund administers a loan program on behalf of the City of Commerce City 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.

Colorado Enterprise Fund (CEF) provides small business loans up to $150,000 to entrepreneurs unable to obtain financing from traditional sources.

CEDS Finance has a variety of small business financing products to help small businesses thrive in today’s economy. Loan products can be structured as either an interest-based loan or an Islamic-compliant murabaha (riba-free)

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.

B:Side Capital 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.

Adams County Microloan Fund: 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

The Colorado Enterprise Zone (EZ) Program offers state income tax credits to businesses that create new jobs and/or invest in economically distressed areas of the state. Enterprise zone tax credits can be earned on investments, job training, hiring of new employees, research and development, the rehabilitation of vacant buildings, and the purchase of commercial vehicles.

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. Commerce City 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

Global Business Development: 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.