Financial Assistance
Formed in 1989, the New Mexico Community Development Loan Fund is a private, tax-exempt organization that provides loans, training and business consulting to entrepreneurs, business owners and non-profit organizations throughout the state and the entire Navajo Nation. The services support the efforts of low-income individuals and their communities to achieve self-reliance and control over their economic destinies. The Loan Fund has successfully assisted hundreds of small business owners and non-profit organizations over the years.
ACCION New Mexico • Arizona • Colorado is an award-winning nonprofit organization that invests in the community's most important asset -- human potential. ACCION increases access to business credit, makes loans and provides training to help emerging and existing entrepreneurs.
WESST is a nonprofit organization providing quality entrepreneurial services throughout the state of New Mexico. Whether you need a small business start-up loan to finance your dream or advice about marketing and managing your small business, WESST can help. Their services include training classes on topics ranging from writing a business plan to website marketing.
ELCDC Exists to provide the keys to New Mexico's job growth - competitive, long term loans with low down payments to finance assets such as buildings, land and machinery. The ELCDC currently accomplishes this objective by operating as a private not-for-profit membership organization that works with the United States Small Business Administration (SBA) and local banks to provide SBA 504 loans that can be used for plant acquisition, construction, renovation or expansion, site improvements, acquisition of equipment, interest on interim financing and soft costs essential to the project. Since its inception in 1992, ELCDC has approved over $286 million dollars in business financing projects around the state. When leveraged with first mortgage lender financing and the borrower equity contribution, ELCDC has supported almost $854 Million in economic development financing throughout the State of New Mexico. These projects have resulted in the creation and/or retention of 11,534 jobs for the people of New Mexico. ELCDC is consistently the top SBA-504 dollar volume lender in the state.
Capital Certified Development Corporation (Capital CDC) is a leading private, non-profit provider of business financing solutions throughout Texas and New Mexico. In 1993, the U.S. Small Business Administration (SBA) certified Capital CDC to act as a provider of the SBA’s 504 Loan Program and to act as a catalyst for economic development. Since that time, Capital CDC has worked with hundreds of small businesses and partnered with numerous financial institutions to assist with their financing needs. Business owners can buy, build, or remodel their commercial and industrial buildings with a minimum investment through the SBA 504 Loan Program. Equipment financing is also available.
New Mexico Angels’ mission is to provide opportunities for its members to obtain outstanding financial returns by investing in early-stage companies in New Mexico and the Southwest Region and accelerating them to market leadership. NM Angel’s works with the venture capital community and angel groups in the Southwestern area.
Through targeted financial investments (Equity Fund) and entrepreneurial support (IMPACT-NM Business Growth Services), NMCC produces two primary results:Positive social returns as the direct consequence of new job opportunities and a well-trained, well-compensated workforce in the local community.
Solid financial returns for our investors.