Resource Tool for Start-up and Small Businesses in New Mexico

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Tag Archives: Clearinghouse CDFI

Clearinghouse CDFI Boosts Housing

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Clearinghouse CDFI has provided a $550,000 refinance loan for a multi-family affordable housing property in Clovis, New Mexico. Clearinghouse CDFI is a direct lender financing projects that create jobs and services to help people live, work, dream, grow, and thrive in healthy communities.

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Posted in New Programs, Open Opportunities and Announcements | Tagged Clearinghouse CDFI, New Mexico business, small business loans

The 5 Cs of Credit

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Clearinghouse CDFI (Community Development Financial Institution), which provides affordable, flexible loan solutions to support small- to medium-size businesses, entrepreneurs, developers, and nonprofits, is offering a live webinar to give insight into credit evaluation.

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Posted in New Programs, Open Opportunities and Announcements | Tagged 5 Cs of Credit, Clearinghouse CDFI, small business loans

Lenders Helping Lenders: Homewise Gets Loan from Clearinghouse CDFI to Support Small Business

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Clearinghouse CDFI (CCDFI) provided a $800,000 loan to Homewise, Inc. to build out a locally owned and operated restaurant in Santa Fe.

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Posted in New Programs, Open Opportunities and Announcements | Tagged Clearinghouse CDFI, Homewise, small business loan

Clearinghouse CDFI

Posted on by Admin

Clearinghouse CDFI is a direct lender financing projects that create jobs and services to help people live, work, dream, grow, and thrive in healthy communities.

Continue reading →
Posted in Loans | Tagged Clearinghouse CDFI, small business loans

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Featured Article

New Owner Expands with SBA Loans

Emad Elmaoued never thought he would be running a business providing disability services and support to the developmentally impaired community of New Mexico. He is now doing it with the help of SBA loans.

An alumnus of the University of New Mexico (UNM), Elmaoued earned a bachelor’s degree in biology and chemistry and became a teaching assistant at UNM. From 2010-2021, he owned Gigateks, a company that maintains and administers computer networks and related computing environments, including computer hardware, system software, applications software, and all configurations. When the opportunity arose to purchase ADID Care, Elmaoued was struck by its mission, and he acquired the business in 2017 with an SBA 7(a) loan.

ADID Care provides a variety of services to the developmentally impaired community of New Mexico. Supported Living, Family Living, Community Support, In-Home Support, Non-medical Transport, and Adult Nursing provided by ADID Care assist people with intellectual and developmental disabilities.

The company aims to empower individuals with special needs, advocating for inclusivity and independence through services and support in their homes or communities rather than in institutional settings. ADID Care operates 12 single-family residences with nursing staff assistance.

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Quick Reference

  1. Steps to Starting a Business
  2. Business Plan Guide
  3. Preparing to Request a Loan
  4. Loan Payment Calculator
  5. Get a Local Business License
  6. Funding Stages
  7. Access the Political Process
  8. Business Term Glossary

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