Back to Grants
STATE
State Small Business Credit Initiative (SSBCI) – Loan Participation Program
State-backed loan participation program using SSBCI funds to reduce lender risk and expand capital access for small businesses including tech startups across New Mexico.
About this program
Visit the program website for full details.
Eligibility
For-profit and nonprofit businesses in New Mexico. Loans available for business startup or expansion, owner-occupied facility purchase, construction, renovation, working capital, equipment, inventory, and technology.
Requirements
- Must be a for-profit or nonprofit business in New Mexico
- Apply through a participating lender
- Eligible uses include startup, expansion, working capital, equipment, technology