Tag: Loan
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Federal judge weighs whether to block new law governing loans to Colorado residents
Facebook Twitter WhatsApp SMS Email Print Copy article link Save A federal judge on Thursday heard arguments from the banking industry and bank regulators about whether Colorado is exceeding its authority by subjecting out-of-state banks to Colorado’s interest rate caps on loans through a new law set to take effect on July 1. The controversy…
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Colorado launches $31M loan fund for small businesses
Coloradans looking to start, restart or restructure a business can now apply for financial assistance through the state’s new Startup Loan Fund. The fund launched on Thursday, offering $31.35 million in loans for Colorado small business owners. The loans can range from $10,000 to $150,000, with applications being accepted over the next 10 years on…