Signs of recovering business growth are multiplying in the Fort Collins area and Northern Colorado. The Northern Colorado Business Report recently reported on the significant growth in lending to businesses by the 13 largest commercial banks who do business in Northern Colorado. Over one billion more in loans were made in the first quarter of 2012 than in the same period last year.
In another sign of this same trend, Larimer and Weld Counties reported a 60% increase in single family home permits from January through May over the same period last year.
Meanwhile, the City of Fort Collins reported 89 new applications for sales tax licenses in June, and an increase of 6.4% in sales tax receipts in June 2012 over the same month last year.
As new and existing businesses grow in Northern Colorado, more resources are becoming available. Larimer County Small Business Development Center (SBDC) offers workshops, classes and one-on-one counseling for start-up and growing businesses. Rocky Mountain Innosphere is a non-profit incubator for early stage entrepreneurs, offering classes and networking. Northern Colorado Economic Development Corporation offers services to existing businesses including counseling, workforce development, and negotiation with regulatory agencies.
Last but not least, Altitude Community Law is expanding in Northern Colorado, and we have moved our office to Loveland’s Centerra area. Our Partner David Closson is another great Northern Colorado business resource: he has an MBA and J.D. from CU Boulder, an undergraduate degree from CSU, and grew up in Loveland. For common sense business counseling for your growing Northern Colorado business, please contact our Business Law Group attorney, David A. Closson, at [email protected].