ASPEN COMMERCIAL LENDING
Strategic Capital. Substantial Outcomes.
From $500,000 to $10,000,000 and beyond, for businesses the banks could not place. Five lending programs, one broker, and a structure built around your transaction.
Independent commercial loan advisory based in Colorado. We present your transaction to one carefully selected lender at a time — never to a broadcast list. Initial eligibility assessment within two business days.
WHO WE ARE
Aspen was founded in 2019 on a simple observation: capable businesses were being declined not because the deal was bad, but because it did not fit the one program the bank in front of them happened to offer.
A single lender sees your transaction through a single credit box. When it does not fit, the answer is no — and the borrower is rarely told which of the other programs would have worked.
Aspen Commercial Lending is an independent commercial loan broker based in Colorado. We are not a lender and we do not originate. We evaluate your transaction across SBA 7(a), SBA 504, USDA B&I, conventional, and our private capital channel, then place it where it actually fits.
Since then, the model has not changed. Neither has the reason for it.
What We Fund
SBA 7(a)
Working capital, acquisition, equipment, and owner-occupied real estate.
Long-term fixed-rate financing for real estate and major fixed assets.
01
SBA 504
02
USDA B&I
Rural business and industry lending where conventional terms fall short.
03
Five lending programs. $500,000 to $10,000,000, and larger through private capital.
04
Conventional
Bank and non-bank commercial credit on standard terms.
05
Private capital channel
For transactions that fall outside the four programs above, that cannot wait for them, or that exceed $10,000,000.
Not every deal should be an SBA deal
SBA financing offers lower down payments, longer amortization, and rates that hold. It also carries a document package and a timeline some transactions cannot absorb. A seller who needs to close in three weeks does not care that the 7(a) structure was better on paper.
When speed, asset type, or use of proceeds rules SBA out, we place the transaction conventionally or through the private capital channel. We will tell you which path fits before you commit to either.
Structures we place
Bridge · Asset-based · DSCR · Equipment finance · Construction
Sectors we know
Full detail on structures, transaction types, and sector experience — What We Fund.
Healthcare and medical · Hospitality and restaurants · Fuel and convenience · Franchise · Energy development · Mergers and acquisitions
SBA program combination
Two programs, two ceilings.
The two programs complement each other. Each carries its own $5,000,000 limit, sized independently, so an eligible borrower who closes the 7(a) first can reach $10,000,000 in combined SBA-backed financing.
Program caps, guaranty exposure limits, and sequencing requirements all apply. Reaching the full amount means coordinating two lenders and two closings. That coordination is the work.
SBA program terms, eligibility standards, and lending limits are set by rule and policy notice and change periodically. The descriptions above reflect SBA policy in effect as of August 2026. Confirm current program specifics with Aspen before relying on them in a transaction.
Results
Metals fabrication · Colorado Front Range
Declined by multiple banks because the LLC had only recently been formed, despite years of operating history and revenue. Aspen identified the SBA 7(a) path, selected an experienced SBA lender, and helped structure the required equity contribution through a self-directed 401(k). Closed at $660,000 for the owner-occupied property acquisition.
Cabinet manufacturing · New Mexico
Declined by two banks on a revenue decline the borrower could not explain in underwriting. Aspen built the customer analysis that isolated the cause, then structured the acquisition across USDA B&I and private credit. Closed at approximately $8 million.
Dental practice · California
Declined by the client’s bank and several other institutions on the aggregate debt load. Aspen matched the practice with an experienced SBA lender and coordinated payoffs across five separate lenders. Closed at $2 million, consolidating the existing obligations into one SBA 7(a) facility with additional working capital.
Transaction details are generalized. Aspen does not publish client names or identifying information.
How We Work
You will hear back quickly. The first question — can this be funded, and through which program — should not take weeks to answer. Straightforward transactions get an initial read within days. Complex structures take longer, and they should; a combined 7(a)/504 structure or a construction facility involves questions a fast answer would only pretend to resolve.
01
Intake and assessment.
You send the transaction. We tell you which programs it can reach and which it cannot.
02
Structured internal review.
Your file is reviewed inside Aspen before it goes anywhere. We do not sell or distribute financial statements, and we do not list transactions on bidding platforms.
03
One lender, chosen.
We match your profile against current credit appetite — which shifts quarterly and is not published — and present to the institution that fits. Your package reaches someone with authority over the decision, not a public intake queue.
04
Sequential, not simultaneous.
If that lender declines, we move to the next. A sequential process takes longer than a broadcast. It also means no lender ever sees your file second-hand.
05
Close.
We stay in the transaction through closing, including across two lenders where the structure requires it.
How We Are Paid
Aspen is compensated by success fee at closing, set out in a written engagement agreement before any work begins. If your transaction does not close, Aspen is not paid.
If a firm asks you to wire funds before a lender has issued a term sheet, stop. That is not how commercial loan brokerage works, and it is the most common structure of advance-fee fraud in this market.
No application fee. No processing fee. No retainer to “reserve” or “commit” capital.
Where Aspen Is Not a Fit
We decline more transactions than we take. Aspen is generally not the right broker for:
Pre-revenue startups and businesses without operating history
Requests below $500,000
Borrowers seeking unsecured capital without a defined use of proceeds
Transactions where the underlying business cannot service the debt on any structure
If that is your situation, we will tell you in the first conversation rather than the fifth.
Insights
Aspen publishes briefings on programs and rule changes that affect middle-market borrowers.
CONFIDENTIAL INITIAL ASSESSMENT
Start the Conversation
Send us the transaction. We will tell you where it fits.