BANK FINANCING |
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COLORADO HOUSING AND FINANCE AUTHORITY (CHFA) LOANS Colorado Business & Industry Program DESCRIPTION: This loan program has a rural focus and is limited to non-tourist and non-agricultural facilities and production projects. Priority is given to basic manufacturing and industrial industries. ELIGIBILITY: Must be a profit or non-profit enterprises located in communities of less than 50,000 population. PURPOSE: Funds must be used for real estate, equipment or machinery (No investment real estate) LOAN AMOUNT: Maximum loan size is $ 5,000,000, with a repayment period of from 3-25 years. Owner's equity must equal a minimum of 10%. CONTACT: Colorado Housing and Finance Authority (CHFA)
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