Create Denver: Art & Economic Development
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 Creative Enterprises Revolving Loan Fund (CERLF) Minimize
In 2008, the maximum loan amount increases to $40,000!
 
The Creative Enterprises Revolving Loan Fund offers creative enterprises in the City and County of Denver access to affordable and flexible business capital to increase income and build assets. Creative enterprises are defined as non-profit organizations and for-profit businesses producing or selling fine art, photographic and graphic art, performance art, handcraft and design and media. Click here to download the 2008 brochure!
 
For more information including eligible uses, rates and terms, please contact Ginger White Brunetti at ginger.white@denvergov.org or call 720-865-4314.

Pilot Year a Success!
During the 2007 pilot year, the CERLF:
Ø   Served over 44 creative business clients
Ø   Approved 9 loans totaling $97,500 in the first year to creative enterprises in Denver County

Ø       Made a loan decision in an average of 4 weeks – longest application process was 8 weeks; shortest was 1 week

Ø       Repayment rate: 100%

Ø       Sustained or created approximately 22 jobs

Ø 20% of the clients served accessed financing

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 Learn More about the CERLF from Loan Recipients
Ivar Zeile, Plus gallery
The Creative Enterprises Revolving Loan Fund (CERLF) offers creative enterprises in the City and County of Denver access to affordable and flexible business capital to increase income and build assets. Ivar Zeile, owner of + gallery, discusses how the CERLF has helped to boost his national marketing presence and its value to contributing to Denver’s creative vitality. 
Listen Now  (MP3 file| 9 MB)
 
CERLF Promotional Video
Click here to view the five minute promotional video that features successful CERLF applicants and learn how you might use the loan for your creative enterprise!
 
 
  
Not sure what a CERLF loan can be used for?
 
Here are some ideas!
 
Sound equipment
Sewing machine
Instruments
Light/sound board
Software to design brochures
Computer
Color printer
Film equipment
Recording equipment
LP production
Art supplies
Shipping work to a festival/fair
Dark room equipment
Ticketing software
Printing press
Tools
Website design
Technology upgrades
Marketing materials
Pre-event capital
Some art/production space improvements
 
 

 

  
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