Banking & Finance  July 26, 2018

CEF receives $2M from Bank of America for loans to veterans

DENVER —  The Colorado Enterprise Fund has received more than $2 million from Bank of America that it will use to provide business loans to U.S. military veterans and Gold Star Families through its Veteran Access Loan Opportunity Resource, or VALOR, program.

An investor in CEF since 2013, Bank of America first provided $750,000 to help CEF launch its SBA Community Advantage loan program.

“We are thrilled to expand our relationship with Bank of America by partnering with them to serve veterans,” said Ceyl Prinster, CEF’s president and chief executive. “Their substantial investment of $2 million…

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