micro loans
The Huerfano County Economic Development’s Micro Loan Program is a small, short term loan designed to provide businesses with up to $5,000.00 of capital to cover expenses like advertising and marketing, building maintenance and improvement, expansion, cost of opening a new location or new business, and any other expenses the Huerfano County Economic Development board deems as appropriate use of Micro Loan funds.
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Criteria for receiving a Micro Loan from Huerfano County Economic Development:
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The HCED Micro Loan program is for Huerfano County business that meet the following:
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Must be a new or existing business in Huerfano County.
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Business owner or owners must provide a business plan for use of the funds.
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Business owner or owners must provide current residency address, phone numbers, e-mail address and any other information the HCED Board deems necessary.
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Business owner or owners must agree to background check if HCED Board requests one.
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Business owner or owners agree to repay fund within the schedule of the loan terms.
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Click below to download the loan summary and application.
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