I recommend using anstyle-git instead of this crate. colorparse works exclusively with ansi_term; anstyle-git and the anstyle family of crates provide an abstraction over several text formatting libraries.

colorparse::parse parses a color configuration string (in Git syntax) into an ansi_term::Style:

if let Ok(color) = colorparse::parse("bold red blue") {
    println!("{}", color.paint("Bold red on blue"));
}

let hyperlink_style = colorparse::parse("#0000ee ul").unwrap();