Colorado Loans to Increase Mainstreet Business Economic Recovery
The CLIMBER (Colorado Loans to Increase Mainstreet Business Economic Recovery) Loan Fund is a statewide program that provides up to $250 million in working capital loans to Colorado small businesses through 2024. It promotes small business growth, saves jobs, and helps support the Colorado economy.
Lenders, CDFIs, credit unions, and nonprofit lenders can participate and provide loans for their small business customers needing financial assistance.
Small businesses with up to 99 employees may apply for working capital loans between $10,000 and $500,000. Below-market interest rates and a 6-month deferred payment option make the program a secure option for small businesses.