Back to Grants
NM
New Mexico Loan Participation Program
SSBCI-backed loan participation for New Mexico small business financing.
About this program
The New Mexico Loan Participation Program helps participating lenders make loans to New Mexico small businesses by allowing the New Mexico Finance Authority to purchase a participation in eligible loans.
Eligibility
Eligible New Mexico small businesses seeking financing through participating lenders, including Taos businesses.
Requirements
- Apply through a participating lender
- Meet lender and SSBCI eligibility requirements
- Use proceeds for eligible business purposes and complete underwriting