Micro-Lenders

ACCION New Mexico
ACCION New Mexico • Arizona • Colorado is an award-winning nonprofit organization that increases access to business credit, makes loans and provides training to help emerging and existing entrepreneurs realize their dreams.
accionnm.org
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.
elcdc.com
1990 E. Lohman, Suite 123, Las Cruces, NM  88001    (575) 524-6830

Farm Service Agency (FSA)
The Farm Service Agency specializes in low interest Farm & Ranch loans up to $300,000. They lend for operating expenses, equipment and livestock purchases, and real estate purchases and improvements. Customers are typically those starting in the industry and those that have incurred financial setbacks and cannot get loans from traditional lenders.
fsa.usda.gov
2509 N. Telshor, Ste. B, Las Cruces, NM 88011    (575) 522-8775 ext. 110

Small Business Administration (SBA)
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.
sba.gov

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
loanfund.org
423 Iron SW, Albuquerque, NM 87103    (505) 243-3196

WESST
WESST provides small business loans for women and other entrepreneurs who encounter difficulty in obtaining financing. As a microlender, we specialize in financing viable businesses that don’t meet the criteria of banks or other traditional lenders. Funding range: $200 – $50,000
wesst.org
221 N. Main, Ste 104A, Las Cruces, NM 88001        (575) 541-1583