Areas Served: Mesa county, Colorado
The Peterson Fund and the Women’s Foundation of Colorado Fund are micro-loan programs that provide start-up or expansion money to small businesses in Mesa County.
To be eligible for these loans, the business owner must fit the State of Colorado low- to moderate-income guidelines.
The initial funding for these programs came from private donations/grants.
These funds are specifically for micro-enterprise development and combines basic business education with small loans.
Loan Guidelines
– Amount: $1,500 to $5,000
– Terms: One to three years
– Interest Rates: Current prime rate
– Loan Uses: Start-up or existing business expenses, including capital expenditure and working capital.
Contact InformationWestern Colorado Business Development Corporation
Address: 2591 Legacy Way
City: Grand Junction
State: Colorado
Website:
http://gjincubator.org/loan-fund-information/
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