Loan Funds Available to Colorado Clinics

The Colorado Health Foundation has established a "Loan Fund" through a partnership with NCB Capital Impact (NCBCI) to provide short-term loans to current grantees who may be experiencing a cash flow problem due to slow receivables. The purpose of the loan is to help grantees, maintain continuity of operations, ensure the impact of previous grant investments and provide clinics with an affordable source of borrowing. Given the current state delay of Medicaid payments, you may find this resource of particular value. To read the full announcement, click here.