Loans & Financing
Helping businesses start, grow, and flourish.
Whether you are the head of a high-tech start-up or the designer of awesome adventure gear, Pagosa Springs Colorado is home.
PS CDC Business Loan Fund
In 2015, the PS CDC applied for and received a $25,000 grant to seed a micro-loan program—the Business Loan Fund (BLF)—that eventually included more than $80,000 in funds with matching contributions from partners including Region 9 Economic Development District and First Southwest Bank. The PS CDC’s goal is to get this money into the Archuleta County business community. We work with Region 9 and other funding sources to help our businesses. Primary activities the BLF targets include:
- Expansion of existing business,
- Startups and new businesses,
- Retail building enhancements
The PS CDC requires an initial consultation with a business advisor to assess your needs and project and to provide direction to move forward with a BLF loan application. The PS CDC works to approve loans within a month from application submittal for well-formed and strongly-rooted projects. In some cases, more work or information may be needed to process the loan application and your advisor will help you understand the gaps to fill.
The Pagosa CDC Application Process
PS CDC Business Loan Fund (BLF) Application and Approval Process
The Pagosa Springs Community Development Corporation (PS CDC) works to help provide vitality and depth to the Archuleta County economy. An important part of this effort includes helping businesses start, grow and flourish in our community, and adequate financing provides a key pillar to successfully starting or growing a business. The PS CDC partners with a number of entities that can provide financing for your business, including Region 9 Economic Development District, local banks, the State of Colorado and federal grant and loan programs.
Interested in Applying for a Loan?
Apply for a Business Loan
Fill it the simple contact form to start the process of applying for a business loan of up to $25,000 from the PS CDC Business Loan Fund (BLF). We’ll contact you within two business days to set up a short consultation with one of our trained business advisors and begin the process of applying for your loan. You can also call (970) 264-3023 for more information about the BLF and how to begin your loan application.