Micro-Lenders
ACCION New Mexico • Arizona • Colorado – ACCION New Mexico • Arizona • Colorado is an award-winning nonprofit organization increases access to business credit, makes loans and provides training to help emerging and existing entrepreneurs realize their dreams. – 20 First Plaza NW, Suite 417, Albuquerque, NM 87102 – (505) 243-8844
Enchantment Land Certified Development Company (ELCDC) – ELCDC is a non-profit organization licensed by the Small Business Administration to administer the SBA 504 Loan Program. The 504 provides long term fixed asset financing to small business concerns. – 1990 E. Lohman, Suite 123, Las Cruces, NM 88001 – (575) 524-6830
The Loan Fund – 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. Funding range: $5,000 – $1 million – 423 Iron SW, Albuquerque, NM 87103 – (505) 243-3196
Small Business Administration – The U.S. Small Business Administration offers a wide variety of loan programs. The SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance, and generally support non-profit organizations, intermediary lending institutions, and state and local governments.
WESST – WESST provides small business loans for women and other entrepreneurs who encounter difficulty in obtaining financing. As a micro-lender, we specialize in financing viable businesses that don’t meet the criteria of banks or other traditional lenders. Funding range: $200 – $50,000 – 2907 East Idaho, Suite A, Las Cruces, NM 88011 – (575) 541-1583
