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NM
NM Collateral Assistance Program (CAP) 2.0 – Clean Energy Businesses
EDD pledges cash to cover collateral shortfalls on loans for clean energy and sustainability small businesses in New Mexico.
About this program
Visit the program website for full details.
Eligibility
New Mexico for-profit clean energy and sustainability small businesses applying through a CAP-approved lender with a collateral shortfall.
Requirements
- Must apply through a CAP-approved lender
- Business must have a collateral shortfall on an otherwise qualifying loan
- Cannot use CAP in conjunction with an SBA-guaranteed loan