Lending

NEWSED Lending Programs

NEWSED provides unique lending tools to those seeking flexible financial assistance. The following loan programs are flexible, affordable and can work with your specific need.

NEWSED’s Lending Circle program is the only one of its kind in the State of Colorado and is made possible through a partnership with Mission Asset Fund. This zero interest and fee free program allows clients to simultaneously earn and pay back their loan. Depending upon the size of the Lending Circle loans can range from as low as $300 to $2,400. Enrolled clients often experience quick improvements to their credit score. All loans are backed by NEWSED and can be used for any purpose. Many have enrolled in many Lending Circles and have improved their financial position.

More about Lending Circles

For those seeking first time homeownership this loan helps buyers bridge the gap on their down payment needs. As a HUD and CHFA certified agency NEWSED works within a network of supportive programs that we work with. These loans are only available when funding allows and can range according to need.

More about Downpayment Assistance

This is NEWSED’s newest lending opportunity. Beginning in March we will be providing small business loan to clients who have graduated from our eight-week Business Basics Course. Loans will range from $3,000 to $5,000.

Learn more about Small Business Loans