WESST is a private, nonprofit economic development organization that provides business training, consulting and loans to entrepreneurs.
WESST serves clients throughout New Mexico and has offices in Albuquerque, Farmington, Hobbs, and Las Cruces.
WESST’s Small Business loans provide no-to-low interest rate small business loans in addition to training and consulting services. As a microlender, WESST focuses on building relationships and specializes in financing viable businesses that, for whatever reason, do not meet the criteria of banks or other traditional lenders.
Type of Businesses Served
- All New Mexicans who want to start or grow a business
Stage of Businesses Served
- Pre-startup and planning stage
- Idea stage
- Startups
- Established businesses that want to grow
Funding Style
- Loans
Funding Range
- $500 to $50,000
Applicant Requirements
- Collateral to secure loan
- Work with a WESST consultant over the life of the loan
- Business plan required for startup businesses
Resources Provided
- Events & Workshops
- Training & Consulting
- Business incubation at the WESST Enterprise Center in Albuquerque
Read Articles
- WESST Helps Hobbyists Become Business Owners
- WESST a ‘Touchstone’ for Therapy Clinic Partners
- WESST and Client Navigate Pandemic Problems Together
- WESST’s Online Courses Help Women Entrepreneurs Build Dreams
- Workshops Aim to Help “Creatives” Learn Career-Shaping Business Basics
- Entrepreneurs urged to “Come WESST”
- WESST Helps Artisans Get the Right Price
Find WESST business loans here.
Contact
http://www.wesst.org/ or 800-GO-WESST (1-800-469-3778)