The Business Loan Fund (BLF) of Mesa County is a lending program operated by the Western Colorado Business Development Corporation (the Business Incubator Center). The BLF was created to enable businesses to grow, create jobs, and improve the local economy.
Generally, loans are made to businesses unable to get full financing needs met by traditional lenders (gap financing). We will consider loan requests from applicants who have been denied financing from other lenders. BLF capital is replenished by repayment of principal and interest from past loans, as well as government grants and private funding.
The BLF first began lending in 1986. Ninety-five percent of the businesses who have received BLF loans have succeeded, adding jobs and additional tax dollars to the Mesa County economy. The BLF recycles dollars, lending them back to other businesses in the community for the benefit of all.
In addition to financing, our program is designed to help business owners develop management tools and improve the chances for success in their business venture.