B:Side Capital, a mission-based nonprofit small business lender, has awarded Collegiate Peaks Bank with the Emerging 504 Bank Award, highlighting its dedication and partnership in Small Business Administration (SBA) lending.
Every year, B:Side Capital recognizes its partner lending institutions that have gone above and beyond to support the small business community through SBA lending. As a Certified Development Company and Lender Service Provider, B:Side Capital helps lenders offer financing to their business clients that are unable to access traditional lending. These partner lenders play a vital role in supporting the B: Side mission of fostering the economic growth of diverse small businesses.
In conjunction with the awards, B:Side released its 2022 Annual Report, highlighting its incredible impact on the small business community. Last year, the organization approved a total of 182 SBA loans, which helped create 1,202 jobs, and injected over $414 million into the economy.
B: Side Capital partnered with a total of 47 lending institutions that aided in its success. The long-standing relationship that Collegiate Peaks Bank has with B:Side Capital elevates opportunities for businesses to access capital that would otherwise be unattainable.
Collegiate Peaks Bank’s parent company, Glacier Bank, has been ranked as one of America’s Top 20 “Best Banks” for eight consecutive years (2016 – 2023) and as one of the World’s Best Banks for four consecutive years (2020 – 2023). Information regarding the rankings and methodology is available at www.forbes.com.
Collegiate Peaks Bank has branch locations in Denver, RiNo (River North), the Denver Tech Center, Salida and Buena Vista.