Greenline Ventures

Emergency Microloan Program


In response to the COVID-19 pandemic, Greenline Ventures has partnered with the Zoma Foundation to extend the Program through an additional tranche of funds.  This second tranche will be allocated towards small businesses (not just those that are minority, women, or veteran-owned) located in communities throughout the western slope of Colorado, with a specific focus on Grand Junction.  The goal of the Program is to enable these small businesses to continue operations and retain/support employees through this challenging period of economic trouble and uncertainty.  The Program will be administered by Greenline Community Development Fund LLC, an affiliate of Greenline that has been certified as a community development financial institution (CDFI) by the U.S. Treasury Department.  Article from The Daily Sentinel.

How to Apply

Businesses that meet the eligibility criteria below may apply online for a Program microloan.  To apply, click the "Application Form" button below and send the completed application via email to along with the required documents listed belowAll applicants MUST complete the Application Form to the best of their ability to be considered for the Program.  If you have questions about the Program or the application process, please do not hesitate to contact us via email at

Application Form


To be eligible for consideration for the Program, all applicants must:

  • Show evidence of the impact of the COVID-19 pandemic on their business operations
  • Be located in communities throughout the western slope of Colorado (emphasis on Grand Junction)
  • Have 50 or fewer full-time employees
  • Have at least one year of operational performance

Required Documents

  • Two years of historical financial statements (income statement, balance sheet), or minimum of one year for newer businesses
  • Year-to-date financial statements (most recent available)
  • Copies of business' formation documents including an ownership structure / capitalization table
  • Copies of driver's licenses for every person owning 20% or more of the business applicant
  • Resume or biography of the owner / manager

Loan Terms

  • Loan Amount: Loans are available for $10,000 up to $50,000
  • Interest / Amortization: No interest and principal payments for the first six months, followed by 54 months of principal and interest payments utilizing a 2.00% interest rate and level amortization
  • Maturity: 60 months / 5 years
  • Fees: There are no fees whatsoever (application, origination, exit) or prepayment penalties
  • Collateral: No collateral requirements
  • Other: With the exception of loans provided pursuant to a federal or state program relating to COVID-19 relief (e.g., SBA’s Paycheck Protection Program loan), borrowers that receive Program Loans from Greenline may not incur additional debt without the approval of Greenline

Process & Timeline

Once the application, along with the required documents have been emailed to Greenline, we will review immediately and provide a response within 2-3 business days.  Applications will be reviewed on a rolling basis.  Greenline will continue to review, process and close new Program Loans until the Program’s funding is depleted, at which point an announcement will be posted on our home page.

Other Resources

Along with our Program, we encourage small businesses seeking financial assistance dealing with the effects of the COVID-19 pandemic to also consider the following resources:

Stay updated on guidance and resources: