Summary of Our
Business Loan Products
Small Business Murabaha – Islamic Compliant Debt
A murabaha is an Islamic financing structure whereby no interest is charged; however, the borrower agrees to pay a fee in lieu of interest in addition to the principal.
Available to startups and existing businesses
$100,000 maximum
For businesses across the state of Colorado
Collateral required above $50,000
Owner’s contribution required above $15,000
- Fixed Monthly Administrative Fee
Flexible terms
Financial Products
CEDS Finance has three financial products that provide financing up to $100,000. All four products can be structured as either interest-based or Islamic-compliant.
Spark – Up to $15,000
Elevate – Up to $50,000
Amplify – Up to $100,000
How It Works
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Why CEDS?
What Makes Us Different?
CEDS Finance combines character-based underwriting with technical business assistance to launch, grow, and support your business.
- Customized loans and repayment terms
- No minimum credit score
- Only lender in Colorado with Islamic-compliant financing
- No application or pre-payment fees
FAQs
CEDS Finance will consider any sector except for adult entertainment, gambling, guns, cannabis, and illegal activities.
CEDS Finance cannot invest in or lend to non-profit organizations.
CEDS Finance conducts character-based underwriting, and as such, there is some flexibility in the lending criteria. Each applicant is considered individually as the business owner. Some sectors have more stringent criteria.
Start-up and existing businesses are eligible for CEDS Finance loans.
Our lending criteria is:
- For-profit business
- Business based in Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, Jefferson, Weld, of Morgan Counties in the state of Colorado. Exceptions apply for murabahas.
- Business owners do not have to be US citizens.
- Business owner(s) shall provide owner’s contribution above $5,000– or their own cash — into the business. Recent and related business purchases may be considered.
- Business owner(s) shall pledge collateral of at least 50% of the value of the loan (such as business assets, personal vehicles, or other items of value).
CEDS Finance provides financing between $100 and $100,000.
Experience: Convey all related experience – either in your sector or in owning a business.
Planning: Business owners who have planned for their growth (timeline, future expenses, developed a marketing plan, business projections, full business plan, etc.) are often more prepared for financing. Additionally, business owners who have a proven revenue stream or a well thought-out business plan are better able to submit a strong application.
Owner’s Contribution: The more a borrower has personally invested into the business, the stronger the loan application.
Collateral: The higher the total value of all pledged collateral (business assets, personal vehicles, etc.), the stronger the loan application.
CEDS Finance’s work – the underwriting – only begins when the applicant has submitted all documents. Each applicant is assessed individually and possesses unique strengths and weaknesses. Applicants with complex businesses or who request a higher loan amount, for instance, typically take longer than smaller requests or simple business models.
There are many free and low-cost resources available to support you. We can provide personal, individualized referrals to many of these resources, and we offer one-on-one consulting sessions and trainings on key areas of business development.