Micro-Lenders


ACCION New Mexico• Arizona• Colorado ACCION New Mexico• Arizona• Colorado is an award-winning nonprofit organization increases access to business credit, makes loans and provides training to help emerging and existing entrepreneurs realize their dreams. www.accionnm.org 20 First Plaza NW, Suite 417, Albuquerque, NM 87102 505-243-8844   Enchantment Land Certified Development Company (ELCDC) ELCDC is a non-profit organization licensed by the Small Business Administration to administer the SBA 504 Loan Program.  The 504 provides long term fixed asset financing to small business concerns. www.elcdc.com 1990 E. Lohman, Suite 123, Las Cruces, NM 88001 575-524-6830   Farm Service Agency The Farm Service Agency specializes in low interest Farm & Ranch loans up to $300,000.  They lend for operating expenses, equipment and livestock purchases, and real estate purchases and improvement.  Customers are typically those starting in the industry and those that have incurred financial setbacks and cannot get loans from commercial lenders. www.fsa.usda.gov 2509 N. Telshor, Ste. B, Las Cruces, NM 88011 575-522-8775 ext.2   The Loan Fund The New Mexico Community Development Loan Fund is private, tax-exempt organization that provides loans, training and business consulting to entrepreneurs, business owners and non-profit organizations throughout the state and the entire Navajo Nation.  Funding range:  $5,000 – $1 million www.loanfund.org 423 Iron SW, Albuquerque, NM 87103 505-243-3196   Small Business Administration (Small Business Development Center) The U.S. Small Business Administration offers a wide variety of loan programs.  The SBA does offer some grant programs, These are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance, and generally support non-profit organizations, intermediary lending institutions, and state and local governments. www.sbagov/smallbusinessplanner/start/financestartup/SERV GRANTERS.html   WESST WESST provides small business loans for women and other entrepreneurs who encounter difficulty in obtaining financing.  As a micro lender, we specialize in financing viable businesses that don’t meet the criteria of banks or other traditional lenders.  Funding rang:  $200 – $50,000 www.wesst.org 2907 East Idaho, Suite A, Las Cruces, NM 88011 575-541-1583