Small Business Gap Financing
Working with a small business and unable to approve the full loan amount? We can offer additional financing. If you are working with a business that needs an additional $20,000 to $100,000, we may be able to provide gap financing. Through the Colorado Revolving Loan Fund, B:Side Fund can be a gap financing partner on loans for working capital, equipment purchase, and business acquisitions. If you know of someone who may be a fit, simply share our brief eligibility check to have them get started. We've also created a handy Desk Guide they can download with additional details.
Loan Program Details:
General business financing
4% of origination fee + $15 wire, $20 flood certificate & $8 UCC fee
Loan amounts from $20,000 up to $100,000
10% fixed interest rate
Fully amortized over 5 years
Business must be located in Colorado
In addition, B:Side Fund can also partner with your bank as a gap lender for up to $250,000 in the second lien position. If you'd like to chat with us about a gap financing project, please email fund@bside.org.