Renovations

Maybe your office could use a fresh coat of paint. Or your shop needs new flooring, furniture, or updated signage. These types of upgrades improve your customer experience and boost morale, but they come at a cost. While our loan program helps cover renovations like painting, installing furniture, or paving a parking lot, it won’t cover complex construction projects that require permits.

Paying Employees

Payroll is one of the largest expenses you face, and it doesn’t wait for sales to catch up. A business loan can help cover wages during seasonal dips, growth periods, or when bringing on new staff to meet demand.

Manage Unexpected Expenses

Whether it’s a broken HVAC system or a surprise vendor change, unplanned costs pop up without warning. Having access to funds helps you manage these without interrupting your operations or cutting back elsewhere.

Investing in New Equipment 

Modern equipment can improve efficiency and safety—and in some cases, it’s essential to keep your business running. If your current tools are slowing you down, a loan can help you upgrade.

Marketing Materials

To grow, people need to know who you are and what you offer. Marketing campaigns, signage, printed materials, digital ads—they all require investment. A business loan gives you room to experiment with what works.

Repairs and Maintenance

Every building and piece of equipment needs upkeep. From fixing plumbing to replacing damaged shelving, these routine tasks can add up quickly, and loans help cover those costs so you can keep things running smoothly.

Cleaning Services

Cleanliness makes a lasting impression. Whether it’s a one-time deep clean or regular janitorial services, keeping your space fresh can support both safety and customer satisfaction.

5 Business Financing Options

1. Traditional Bank Loans

Traditional banks offer structured repayment plans and typically come with competitive interest rates. But qualifying can be tough. Most banks look for strong credit scores, multiple years of profitability, and significant documentation—requirements that many small or growing businesses can’t meet.

2. Loans from Energize Colorado

Energize Colorado offers business loans in Colorado Springs designed with local businesses in mind. We provide funding from $5,000 to $150,000 with competitive terms. Our process goes beyond credit scores—we consider your potential and community impact. You’ll also benefit from a more flexible approval process, personalized support, and a faster timeline.

3. SBA Loans

Backed by the Small Business Administration, SBA loans offer favorable rates and longer repayment terms. While appealing, they often require extensive paperwork and can take months to process. For those who qualify, they’re a solid option—but not ideal if you need funding quickly.

4. Business Line of Credit

This flexible option gives you access to funds when you need them. Think of it like a revolving credit account—you borrow only what you need, and only pay interest on that amount. It’s helpful for covering seasonal shifts or managing cash flow.

5. Crowdfunding

If you’ve got a compelling business idea and a strong network, crowdfunding platforms can help you raise money from your community. It takes work, creativity, and time, but it’s a path that works well for some entrepreneurs, especially those with a unique pitch.