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New Mexico SSBCI Loan Participation Program
The New Mexico SSBCI Loan Participation Program supports lender financing for small businesses through state participation in eligible loans.
About this program
The New Mexico State Small Business Credit Initiative Loan Participation Program helps expand access to capital for small businesses by allowing the state to participate alongside approved lenders in eligible business loans. The program is administered through the New Mexico Finance Authority and is intended to support working capital, equipment, real estate, and other eligible business financing needs while leveraging private lender capital.
Eligibility
New Mexico small businesses seeking eligible financing through a participating lender under SSBCI rules.
Requirements
- Business must operate in New Mexico.
- Applicant must qualify as an eligible small business under SSBCI requirements.
- Applicant must work through an approved participating lender.