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The original item was published from 1/31/2023 2:27:37 PM to 3/3/2023 12:00:02 AM.

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Town of Parker News

Posted on: January 31, 2023

[ARCHIVED] Parker Business Loan Fund Supports Small Business

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In 2019, the Town of Parker, in partnership with the Colorado Enterprise Fund (CEF), created the Parker Business Loan Fund to provide access to capital and business coaching for start-up and existing Parker small businesses that are unable to secure traditional bank financing.

Small businesses and start-ups in Parker can apply for a loan for start-up expenses, equipment, inventory purchases, operations, relocations or property improvements. Loans can also be used to purchase a business or franchise. To be eligible, businesses generally must have gross revenues of less than $2 million per year, employ fewer than 20 full-time employees and have their primary office or operations located within Parker’s Town boundary.

Thus far, Parker’s fund has assisted local businesses with $50,000 in loans and created 42 new jobs in our community. 

Interested applicants can submit a loan application at For more information about the Parker Business Loan Fund, contact the Colorado Enterprise Fund at 303.860.0242 or Parker Economic Development at 303.841.0353.

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