About
About the CLIMBER Loan Fund
The CLIMBER (Colorado Loans to Increase Mainstreet Business Economic Resiliency) Loan Fund is a statewide program that provides working capital loans to Colorado small businesses. It will promote small businesses growth, save jobs, and help support the Colorado economy.
Who can participate
Small businesses with up to 99 employees may apply for working capital loans between $10,000 and $500,000. Banks, credit unions, CDFIs, and other nonprofit lenders may originate loans through the program.
How it works
The program will provide capital for loans between $10k and $500k. Below-market interest rates and a 3-month deferred payment option, and up to 12 months with Program Manager approval.
Help us spread the word
Host trainings: Email for information.
Share program information with your constituents by using the following:
4 to 1
private to public contributions
$200 million
in contributions from private sources
$50 million
in first loss State dollars raised through the sale of insurance premium tax credits
Thank You to Our Funders
CLIMBER Oversight Board Information
Visit the Office of Economic Development and International Trade (OEDIT) website to access the following information:
- Oversight Board members
- Board meetings are announced in the “Public Meetings” top menu. The public is invited to attend and time is allotted for public comment.
- Agenda, meeting minutes, and important documents
Impact Data
The CLIMBER Loan Fund is a statewide program providing working capital to Colorado small businesses. It promotes small business recovery, saves jobs, and helps support the Colorado economy.
The program is designed to catalyze loans that would not otherwise happen. Below-market interest rates and favorable terms help the program be a secure recovery option for small businesses. Special consideration is given to small businesses that:
- Are underserved and rural businesses
- Are in low- to moderate-income areas
- Are in distressed and underserved areas
From June 2021 through December 2024, the CLIMBER Loan Fund provided
244
total loans across more than 30 Colorado counties
$28.7 million
in loans to downstream borrowers totaling more than.
2,200 jobs
have been directly impacted by the CLIMBER Loan Fund
Data as of December 31, 2024.