Client Review on Colorado Enterprise Fund

Feedback:

I have read the reviews. CEF has its pros and cons.If you're in a pinch and have ability to see what you will need for business in 2 months, it works. The process is time-consuming. Build that relationship as CEF can be your partner in financially supporting your business. When filling out the application, make sure you understand your financials. Remember, this entity is like a bank. They fund those that cannot get commercial lines of credit. Our approach was to use CEF initially, and fly on our own within the next 2 years. We needed to build credit scores.During the funding process, try to be patient! The interest runs 8-12%. They will give you 3 years to pay it back monthly.