Do you have a qualified business opportunity in Colorado Springs or are you looking to expand your existing company?
Bond Capital is a direct lender of mezzanine financing, private equity, subordinated debt and many other alternative forms of capital.
Living in Colorado Springs
Situated at an elevation of 1,840 metres, Colorado Springs, Colorado lies at the eastern foot of the Rocky Mountains and is located 97 kilometres south of Denver. The city is positioned near glacier-carved Pikes Peak, a landmark in Pike National Forest, and one of the most famous American mountains. Pikes Peak is a prime asset to the region, as is the mountain lifestyle, a scenic and affordable environment that attracts entrepreneurs, second career adventurers, and young retirees from corporate worlds.
Colorado Springs has grown to become a thriving metropolis of over 650,000 people with population projections to reach 484,775 in 2020 (Colorado State Demographers Office, November 2015; Population Estimates). The city is easily accessible to the Denver metro market, which is within a one-hour drive and includes over 3,020,000 people. Colorado Springs has grown to be among Colorado's large metropolitan areas; however, it retains its wide-open spaces and affable charm.
According to the U.S. News & World Report, Colorado Springs ranked number five on the list of 2016 Best Places to Live in the USA. Based on a number of variables, Colorado Springs is an attractive city to put down roots based on a reasonable cost of living, (which provides many benefits for employers), a healthy lifestyle, a strong job market, quality of life, average earnings, median rents and ease of commuting.
The median sale price for existing and new single family homes in Colorado Springs for January 2017 was $265,000. Homes are selling for more at the beginning of 2017 than just about any time during the previous 12 months, according to data from the Pikes Peak Association of Realtors. Diverse neighbourhoods offer homes to fit many budgets and lifestyles. When compared to 2,400 square-foot new homes in other cities, housing costs in Colorado Springs are competitive. (The Council for Community and Economic Research (C2ER) - 1st Quarter 2016).
Colorado Springs has a semi-arid climate conducive to an outdoor lifestyle in all seasons. Open spaces within the city affords abundant hiking options and skiing a few hours drive away, plus plenty of outdoor recreation year-round; there are over 150 parks, 48 open spaces, and 418 kilometres of trails. Weather conditions during summer and winter are pleasant, averaging 300 dry, sunny days a year. As a result of the high-altitude, the area has low-humidity contributing to various health benefits; for instance, allergy symptoms are alleviated for many. In addition to the ample recreational pursuits, the city boasts a strong arts & culture scene (a designated Creative District in the state of Colorado), and a flourishing entertainment sector.Contact Us
Colorado Springs Industries and Business Growth
It's no surprise why Colorado Springs, Colorado ranked as the 7th 'Best State for Business' by 24/7 Wall Street. The city is home to a diverse array of business in varied industries, due to more than 30 years of careful planning and economic development. The area offers cost advantages, easy access to both east and west coasts, and a workforce trained to the needs of many industries.
Colorado Springs' economy is driven primarily by the military, the high-tech industry, and tourism, and is currently experiencing some growth mainly in the service sectors. Tourism accounts for more than 16,000 jobs and nearly five million visitors come to the area annually, contributing $1.35 billion in revenue (Dean Runyan Associates).
The Regional Tourism Act promotes diversification of the state's economic base by providing a financing mechanism for attracting, constructing and operating large-scale regional tourism projects. The application, named City for Champions, highlights four venues that will strengthen and diversify the economic impact of the region and state visitor attractions: The United States Olympic Museum, Colorado Sports and Event Center, Sports Medicine and Performance Center, and the Gateway Visitor Center.
City for Champions leverages the economic benefit of these four venues for the long-term vitality of the Pikes Peak Region. City for Champions will spur economic growth, strengthen the local economy and create more than 5,100 new jobs. As a catalyst for other public/private partnerships and economic growth, it will help revitalize downtown with new retail opportunities, restaurants, companies and residential development. (cityforchampions.com).
The United States Air Force Academy has been a thriving part of the local community since the '50s and the city continues to attract major companies and organizations, including: United States Olympic Committee, Hewlett Packard Enterprise, USAA Insurance, Progressive Insurance, Agilent Technologies, FedEx Services Corporation, Lockheed Martin, Boeing, T. Rowe Price Associates, Verizon Enterprise Solutions, Xerox, Northrop Grumman and over 40 headquarters of sports organizations and Olympic governing bodies. These companies among many others choose Colorado Springs to take advantage of business opportunities, the highly skilled workforce and the high quality of life the area offers.
The City's Rapid Response Team (RRT) program is managed by the Economic Development Division to provide qualifying primary employers with "Expedited Review And Approval Of Land Use Applications And Building Permits." The Rapid Response Team service is valuable in that it reduces, by about half, the time it generally takes for plans to move through the approval process. The Rapid Response Team includes every regulatory agency that will participate in plan review and approval. (City of Colorado Springs, Economic Development).
Modern Banking Strategy
Business in Colorado Springs is competitive and the bankers at Bond Capital are adept at accurately matching capital to opportunity to help you grow your business and prosper as a shareholder.
If you are seeking an infusion of capital to stimulate company growth and help facilitate your business strategies in Colorado Springs, Bond Capital is an experienced Canadian merchant bank and direct source of capital that offers customized total financial solutions.
Bond Capital can help to build a unique business solution that will foster growth and diversity in your business. You can achieve financial efficiency while increasing competitiveness and gaining access to more capital by working with us.
We are available to dialogue with companies wishing to be guided towards a sustainable competitive advantage evidenced by growing positive cash flow, and good governance practices.
If you would like to learn more about the business loan options available to you, please contact us today. We will arrange a meeting with one of our Colorado Springs representatives.Contact Us