One of the most important aspects of starting a business is access to capital, and one of the top reasons small businesses fail is because of under capitalization.
Small Business Resource Center
SBRC is here to help you succeed
The cold hard truth is that no one is sitting around waiting to give you money for your brilliant idea. You’ve got to have skin in the game and come to the table with your own money or be willing to put your worldly possessions on the line to give your idea wings.
SBRC LENDING SOURCE
Region 10’s Business Loan Fund
Region 10’s Business Loan Fund (BLF) is a lending source that provides capital to small businesses focusing on expansion, creating and retaining jobs, and benefiting our growing regional economy. For more than 30 years, the BLF has assisted for-profit and nonprofit businesses with their financing needs with loans that typically range from $5,000 to $250,000 with up to 10-year terms.
COVID Business Grant Relief
In 2020 and 2021, Region 10 helped to manage over 300 grant applications for small businesses within 4 counties in our region. We helped to disburse almost $5 million dollars in COVID relief to small businesses.
Meet Dan Scinto
REGION 10’S BUSINESS LOAN FUND DIRECTOR
Region 10 welcomed Dan Scinto as their new Business Loan Fund Director in 2016. With a knack for commercial lending, Dan brings over 25 years of banking experience to this newly redesigned post. A Minnesota native, Scinto relocated to the Western Slope for its outdoor recreational opportunities. Scinto adds that as an avid hunter, fisher, and outdoors enthusiast, he couldn’t imagine living anywhere else. Aside from his eagerness to recreate, Scinto also brings an eagerness to help the business community. “I get goosebumps talking about credit,” he adds. “I absolutely love it.”