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BRIC Loan Fund

The BRIC Fund and Urban Land Conservancy (ULC) have proudly partnered to establish the BRIC Loan Program.

Thank you to our partner

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BRIC Loan Fund Stats

26 Inquiries

17 One to Ones

Loans totaling $150,000

Eliminating Barriers
Through BRIC Loans 

In 2021, the BRIC Fund and Urban Land Conservancy (ULC) partnered to establish and launch the BRIC Loan Program. The BRIC Loan Program was established in recognition of the historical barriers of systemic racism Black nonprofits and the Black communities they serve face in accessing capital financing. This new program offers low-interest loans up to $50,000 to support capital projects or other improvements for Black-led and serving nonprofits across the seven-county Metro Denver region.

HOW DOES THE LOAN
FUND WORK

The loan program works in parallel with our grant program. Applicants can apply and receive grant funds for general operating support and apply for low-interest loans in support of targeted programs. The BRIC Loan application process minimizes barriers, and the loan interest rates and terms are designed to be affordable.

Fill out the BRIC Loan Fund loan application.

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Empowered nonprofit organizations to make critical operational improvements and increase programs and reach

Lessened the restraints and financial implications of traditional loans.

Increased financial resources and support opportunities

BRIC LOAN IMPACT

"Having access to capital is always a challenge. We don’t want to be a part of the problem but a part of the solution in ensuring that Black-led organizations have access to not only grants but other capital at a low-interest rate. When a nonprofit is on the cusp, they need to know they have partners who move quickly and that funds aren’t held up. That's what our partnership does."
~ Aaron Miripol, President & CEO, Urban Land Conservancy

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