Back to Grants
NM
New Mexico SSBCI Capital Access Program
New Mexico's Capital Access Program helps participating lenders make small business loans by building a loan loss reserve.
About this program
The New Mexico SSBCI Capital Access Program is a credit enhancement program that supports small business lending by establishing a loan loss reserve for enrolled loans. Administered by the New Mexico Finance Authority, the program helps lenders provide financing to eligible New Mexico small businesses that may not otherwise meet conventional credit standards.
Eligibility
New Mexico small businesses seeking financing from a participating lender that enrolls the loan in the Capital Access Program.
Requirements
- Business must be located in New Mexico.
- Applicant must qualify as an eligible small business.
- Loan must be made by a participating lender.