Colorado Enterprise Fund
Client Reviews on Colorado Enterprise Fund
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Amazing organization! We used them for funding inventory for our business. This funding has allowed us to double our income in the first 6 months of 2018! As a young business, 3 years, it was hard to get funding from a traditional bank. CEF treated us great and made the process easy to understand. Thank you, thank you! We are onto bigger things!
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I am still amazed! CEF helped me secure funding for my new business in April. During the loan process, the staff was helpful and very efficient. When I closed on my loan is when the real value became evident. Not only do they assist with funding, but they provide business services to support success within my small business. My business advisor, Andy, has been so very helpful in providing guidance and ensuring that I have all necessary resources available, so my business can thrive.
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The staff at Colorado Enterprise Fund are personable, professional, and kind. They have supported my business twice now and I would highly recommend them to anyone looking for support as you make your dreams a reality.
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I can’t thank enough everyone at this organization. CEF was the only place who believed in my purpose and goal, and gave me a chance to start my own business. I have been telling all my friends about CEF. And, they have great people to guide you through your journey, I have been getting consultations from business and financial advisors. They totally understand your situation and they are here to help you to succeed!So glad I found them :)
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What a great group to work with!!!CEF was able to fund my foundling small business and give us the cash we needed to get things rolling. Only two months running, but we are very busy and seeing significant growth already.We couldn't have done it without the great people at CEF.You folks are AWESOME!!
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Colorado Enterprise Fund helped us fund our newest business venture, but the BEST thing is their assistance along the way with resources from accounting to marketing and more. They genuinely want to help you succeed and offer help that is invaluable--way above and beyond just granting you a loan. We would recommend CEF to anyone looking to fund their big idea! Special thanks to Robert Anderson for your help!
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CEF is a fantastic organization. They have made it possible for us to level up our business growth. Robert Andrerson has been an instrumental tool in advising our next moves as a growing business. I highly recommend them to small business owners who need funding for their next moves.
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My company has worked with CEF over the past 2 years. Their support as we have been building our software has been invaluable. Without them, we would definitely have struggled to be where we are today.Matt FlorianEris Enterprise, makers of Eris Unleashed Conference Engagement Platform
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UPDATED - MAY 2019Unfortunately my business failed and I had to shut it down. I secured the loan to my house, which was a dumb move on my part. Once I decided to shut down my business, I immediately informed CEF and they connected me with a retired banker named Bob. Bob apparently is the "loan collector" who deals with business owners who need to restructure their loan payback. At our meeting, he told my husband and I that he had the power to make the loan payback decisions. So, essentially however long we'd need interest only payments would be OKAY. I wish I would have recorded our conversation when we met face to face because 6-months later he DENIED everything.... more below... At our face to face meeting, he assured me that CEF would work with me until I got my life situated. He told BOTH my husband and I that CEF would do interest only payments for a year, do a re-check after 6-months, then extend interest only for another 6-months if needed. Well, almost 6-months passed and he had ZERO recollection that he told us he'd extend interest only for a year. We were paying $350 per month interest while we got back on our feet. At the 6-month re-check I thought we had at least another 6-months left of interest only payments. Instead, he said we had to start making regular payments ($1200+). This means we would lose our house. He did not care and denied his 1 year promise to us. He lied to our faces and that's NOT okay! He claims none of this was "in his notes..." He said he talked to a lot of people and didn't recall saying anything about interest only for more than 6-months ... another dumb move on my part for not getting that in writing. Additionally, CEF is incredibly disorganized. They billed me on different dates each month for almost a year and once I paid the loan in full (thanks to a family member stepping in so I wouldn't lose my house), they CONTINUED charging my account without my permission. Now I have to go close the account to make sure they cannot take another dime from my account.Overall, 2 stars for CEF helping CO start-ups. If you succeed, AWESOME, you don't have to go through the torture that I went through. However, if your business fails then BEWARE of the consequences and get everything in writing!-------------------Thanks to Colorado Enterprise Fund, I am able to follow my dreams and expand ENRGi Fitness to Colorado! Everyone is extremely helpful and it's evident that the CEF team is very passionate about what they do. Thank you for believing in us!! We cannot wait to start transforming lives and keeping people healthy and fit throughout Colorado :)
Feedback:
I wanted to take a brief moment to express my gratitude for your program. In particular I would like to recognize Stefanie Fox and Renee Vander Veer for their expertise and guidance through the process. Their communication was super speedy and they were always patient with my frequent questions. The terms of the agreement were fair and well explained to me. I am fortunate to have a large network of entrepreneurs in Denver. I will be happily recommending Colorado Enterprise Fund. Thank you for your commitment to small business in Colorado. You have a wonderful team. Kind regards,Ryan
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