The New Mexico Economic Development Department is hosting a Business Finance Fair on June 9 from 12:00 to 2:00 pm for businesses located in the southeastern region of the state. The event, which will be conducted online, will provide an overview of the many financial resources available to New Mexico businesses. Event organizers aim to connect business owners with resources that can help them grow their enterprises.
Nonprofit lenders such as The Loan Fund, DreamSpring, and LiftFund have been invited to participate and provide an overview of their small business loan programs, including what potential borrowers can expect before and after a loan is approved. Other lenders are also expected to participate. Several unique New Mexico-based programs will also be described. For example, the Collateral Assistance Program (CAP) can pledge cash to cover a collateral shortfall to enable financing that might not otherwise be available to a business.
Business owners and entrepreneurs in the southeastern part of New Mexico can register here.