Colorado Cleanup Loan Fund Information
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• Public and quasi-public property owners
• Expanding/relocating businesses
• Flexible repayment terms and loan amortization
• Flexibility in acceptable forms of collateral
• Simple application
• Low transaction costs
• No processing fees
• Ability to leverage other sources of funding
• Site monitoring activities during and after cleanup public meetings regarding cleanup activities
• Coordinating worker health and safety issues
• Coordinating regulatory agency requirements.
• Environmental Insurance to limit liability for future additional cleanup costs
The Cleanup Fund can play several specific financing roles:
Short-Term Financing
Financing cleanup to clear sites for redevelopment.
Bridge Financing
Financing cleanup to enable traditional financing; Cleanup Loan repaid when long-term financing becomes
available.
Long-Term Patient Capital
Financing over the entire project period; repaid some time after project completion and generally over a
longer period.