Stories written by Mike ODonnell

Mike O’Donnell is executive director of Colorado Lending Source, the 11th most active certified development company in the United States and the largest lender of its kind in Colorado. It has been providing Colorado small businesses with financing and information for 20 years, helping them to create and retain more than 16,500 jobs across Colorado and to pump $750 million into the state economy. Reach O’Donnell through the Web site at www.coloradolendingsource.org.

Noteworthy provision of business loan program ends too soon

Last month, one of the best, lowest-cost and most under-appreciated provisions of the Small Business Jobs Act of 2010 came to an end a mere 11 months after it started. The act itself, when signed into law on Sept. 27, 2010, was heralded as one of the most significant pieces of small business legislation in […]

Systematic changes needed to fix broken loan program

Access to capital is vital to the success of small businesses. Without it, small business can’t grow in a way that helps them create or retain jobs, both of which are critical to the economic recovery of our state. Yet, providing small businesses with loans they can’t repay doesn’t help the business or the economy. […]

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