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Finding Loans & Investors

Information about finding loans and investors for your small business.

Use local resources to find funding for your business.

ACCION New Mexico

Accion is an award winning nonprofit organization dedicated to providing the tools you need to operate, grow or start your business. We increase access to make loans from $1,000 to $1,000,000, business lines of credit from $20,000 to $100,000 and provide training to help entrepreneurs realize their dreams and to help businesses thrive. Accion empowers people to be catalysts for positive change – one small business at a time. For information call 1-800-508-7624.

Enchantment Land Certified Development

This nonprofit corporation administers the SBA 504 Loan Program in New Mexico and provides 20-year, fixed-rate loans with low down payments (10%), for land, buildings, and equipment for expanding small businesses. For information call (505) 843-9232.

Learn more about Enchantment Land Certified Development Co.

The Loan Fund

This nonprofit, alternative lender makes loans of $5,000 to $100,000 to small-business owners and aspiring business people who may not qualify for conventional financing. The fund also makes loans to nonprofit organizations. Lending goals are to help low-income people, women, and minorities and to provide positive social benefits to the community, such as job creation, affordable housing, and services to low-income people. To help clients succeed, NMCDLF also provides technical assistance and training to borrowers and offers regular financial literacy workshops.

For more information call (505) 243-3196.

Learn more about The Loan Fund.

New Mexico Angels

Inspired by Silicon Valley's Band of Angels, New Mexico Angels Inc is a group of private investors and venture capital companies working together to invest in early-stage, New Mexico technology companies with potential for growth. For information call (505) 843-4206.

Learn more about New Mexico Angels Inc.

New Mexico Small Business Development Center

The Small Business Development Center doesn't make loans but it does work closely with lenders, the Small Business Aadministration, and other programs and can help small businesses identify sources of financing and develop proposals.

Learn more about New Mexico Small Business Development Center.

Small Business Administration

The federal SBA provides a number of loan-guarantee programs that allow small businesses to gain bank loans. Call (505) 766-1870.

Learn more about the Small Business Administration.

State Investment Council

This agency administers trust funds for the State of New Mexico. It's also authorized to make loans and investments to further economic development in the state.

For a company relocating or expanding in New Mexico, the State Investment Council (SIC) can participate up to 80 percent in loans of $250,000 to $2 million originated by New Mexico financial institutions and secured by first mortgage with real property as collateral. Proceeds must be used to buy land, equipment, and buildings or to refinance debt of an expanding company.

The SIC can buy up to $20 million of investment-grade bonds, notes, debentures, or debts (but not commercial paper) when proceeds are used to establish or expand businesses in New Mexico.

The SIC can invest in qualified venture capital funds with a New Mexico headquarters or office. The funds must target investments to New Mexico companies.

The SIC can invest directly in a New Mexico company with the potential to create or add jobs, as long as a qualified co-investor, such as a venture-capital fund, also invests. The council can invest in out-of-state companies that move to New Mexico. The State cannot own more than half of a company, and no more than 10 percent of the SIC's funds can be invested in any one company.

Learn more about the State Investment Council.


WESST (Women's Economic Self Sufficiency Team) operates a revolving loan fund that makes small business loans to people who can't get conventional loans. Loans range from $200 to $5,000 for start-ups and $200 to $35,000 for established businesses. Rates vary from 5 to 10 percent. Clients work with WESST for the duration of the loan and receive training.

WESST is an SBA Approved Intermediary; staff members can help clients with SBA or other loans.

Learn more about WESST Corp.