Community Banks of Colorado (SBA lending)
At a Glance
The four-names-one-charter desk of the mountain states: a buyer walking into Hillcrest or Bank of Jackson Hole is applying to this book without knowing it. Acquisition is named and approval stays in-house; bring the rate question, because the pages do not answer it.
- Pricing
- Custom Pricing, Loan products; no fee to engage. The SBA pages state the structure, up to $5,000,000 with terms to 25 years for commercial real estate and 10 for other purposes, name the 7(a) a great fit for business acquisition, and publish no rates or down payments. Our FOIA computation places the charter fourth in Utah with 31 and fourth in Wyoming with 5 change-of-ownership loans across the file's six years, seats a buyer would meet as Hillcrest Bank and Bank of Jackson Hole rather than under the Colorado name.
- Best For
- Buyers across the mountain states who may know this desk as Hillcrest, Bank Midwest, or Bank of Jackson Hole, and want in-house SBA approval with acquisition named on the page
- Type
- Bank (lends directly)
- Footprint
- One NBH Bank charter under four brands, Community Banks of Colorado, Bank Midwest, Hillcrest Bank, and Bank of Jackson Hole; the file's seats sit in Utah and Wyoming under the sister names. It publishes a region rather than a state list, so ask on the first call whether it lends where you are buying.
- Deal Size
- $500k to $5M.
- Searcher Practice
- A general SBA lending desk, branch-driven.
- Published Terms
- 7(a) to $5 million, 25 years on real estate and 10 on other purposes, acquisition named a fit; no rates or down payments published.
- Roadmap Stages
- 2. Set Up & Fund the Search5. Diligence & Close the Deal
Pros and Cons
Pros
- A Designated SBA Preferred Lender with in-house assessment and approval, said on its own page
- Names the 7(a) a great fit for business acquisition, with the $5 million and 25-and-10-year structure stated
- The four-brand map is the finding: Utah and Wyoming seats in our file belong to this one charter a buyer meets under other names
- A state SBA lender-of-the-year recognition on its own site
Cons
- No rates or down payments published anywhere on the SBA pages
- A modest book in our file, 36 loans across two fourth-place seats, both under sister brands' turf
- Four brand names over one charter means reviews and referrals scatter; ask which desk actually holds the SBA team
- No searcher-community footprint we could verify, so there is no practitioner account of how it handles a search-fund file
What Searchers Say
The Preferred Lender designation, in-house approval, the acquisition fit, the structure, and the four-brand family are its own pages'. Our FOIA computation independently places the charter fourth in Utah and fourth in Wyoming for change-of-ownership loans across the file's six years; the file keys it by the NBH division name, and the brand map is what connects those seats to the desks a buyer actually meets.
How to Approach
Community Banks of Colorado (SBA lending) is a bank, so this is how that kind of lender comes in, what it weighs, and how to arrive ready.
The Typical Arc
- A prequalification on you and the target, often from the first email.
- A full application and the bank's own underwrite of the deal.
- A term sheet, then closing on the SBA's timeline, commonly two to four months.
What It Weighs
- Whether the business's cash flow covers the debt with room to spare.
- Your experience relative to the business you are buying.
- Your equity injection and how clean the financials are.
How to Prepare
- Model the payment and coverage before you call. SBA Acquisition Calculator
- Underwrite the specific deal end to end. Underwrite a Deal
- Show where every dollar comes from and goes. Sources & Uses Builder
Put It to Work
Lender Match puts this lender beside the others, filtered by your deal.