No Loan Collateral? No Problem

Small businesses that have been in operation for at least six months may be eligible for a collateral-free loan. The Credit Builder loan is an entry-level loan designed to help New Mexico businesses build or strengthen credit while accessing working capital. The Rural Express loan is similar and is for businesses located in rural areas of New Mexico. Neither Credit Builder nor Rural Express requires collateral, and both are offered by the nonprofit Community Development Financial Institution (CDFI) known as B:Side Fund.

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National Labs Offer Help through NMSBA

New Mexico’s national labs are committed to helping businesses in the state through the New Mexico Small Business Assistance (NMSBA) Program. NMSBA is a statewide initiative that connects eligible small businesses with experts at Los Alamos National Laboratory and Sandia National Laboratories for specialized support from scientists and engineers to help solve technical challenges, improve products, strengthen operations, and accelerate growth. Business owners interested in learning more about the NMSBA Program can attend an in-person meeting at The BioScience Center in Albuquerque at 11:30 am on Wednesday, May 13, 2026.

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Explore Marketing Tools

Learn marketing strategy and explore marketing tools such as branding, websites, and e-commerce at a once-per-month workshop series offered in Santa Fe by the business development organization WESST. The series aims to give small business owners practical tools to increase visibility, attract customers, and support business growth. The series runs throughout 2026, with the upcoming April 29 session exploring ways customers find businesses.

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Loans and Resources Keep Business in the Air

DreamSpring loans helped Dave Jesurun expand the services of his business, High Country Air Service

Two years after launching High Country Air Service in Albuquerque, the COVID pandemic nearly grounded Dave Jesurun’s family business. Paycheck Protection Program (PPP) loans from the nonprofit lender DreamSpring kept the company in the air and forged a new relationship that would take it to new heights in subsequent years. High Country Air Service offers a suite of services for private aircraft owners. A plane under High Country’s care is always ready for takeoff, no matter the challenge. 

Jesurun credits resilience for keeping him moving forward despite the ups and downs of running a small business.

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Roadshows Prep Businesses for International Travelers

The New Mexico Tourism Department is hosting a series of “roadshows” to help tourism businesses understand how to work with international tour operators and grow their business through the global travel trade. The events will be held in Albuquerque, Santa Fe, and Las Cruces from April 7 to April 9, 2026, in conjunction with the tourism authorities of the three cities.

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Loans Help Ballet Academy Stay on Pointe

Megan Yackovich founded Ballet Taos Academy in 2016 to help young dancers develop their passion for this classical art form. A former professional dancer who previously operated an academy in Colorado Springs, Yackovich fell in love with Taos while traveling through and decided to stay. Small business loans and assistance from the nonprofit lender The Loan Fund helped anchor Yackovich and her nonprofit academy in New Mexico.

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