Pub. 7 2017-2018 Issue 4

20 O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S - H E L P I N G C O L O R A D A N S R E A L I Z E D R E A M S T he Colorado Enterprise Fund (CEF) is proud to an- nounce a new loan programcreated to support U.S. mili- tary veterans andGold Star Families (surviving spouses and children of veterans) in Colorado. Officially launching on Veteran's Day, Nov. 11, 2017, VALOR will provide discounted loan rates and extended terms for military veterans who are unable to secure financing through traditional banks. The VALOR loan program offers loan amounts up to $500,000 for working capital, equipment, inventory, prop- erty improvements, business purchases and commercial real estate. The program offers a loan rate that is discounted 2% from standard CEF rates with loan terms of up to ten years and interest-only periods of up to six months. “We recognize that military veterans have the skills and discipline to be successful small business owners and can serve their customers, employees and communities as well as they served our country,” said Ceyl Prinster, CEF’s President and CEO. “Access to affordable capital for vets and their families continues to be a challenge, and we are proud to offer a new program that supports our veterans who are planning to start or grow a business in Colorado.” Colorado Enterprise Fund Launches New Small Business Loan Program for Military Veterans : Veteran Access Loan Opportunity Resource (VALOR)