Short-Term 0% Interest Loan For Contractors

The nonprofit lender DreamSpring has introduced a new loan product to help contractors move projects ahead despite rising costs. The Fast Forward loan, which provides short-term financing for 1-3 months at 0% interest, is specifically for contractors, service providers, project-based businesses, and construction industry businesses. Funds can be used for working capital to complete projects or get new initiatives off the ground.

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TEAM Fund Now Open

The Regional Development Corporation, a nonprofit economic development organization, is accepting applications for its Technology and Manufacturing (TEAM) Fund until March 15, 2022. Manufacturing businesses headquartered in the counties of Sandoval, Santa Fe, Los Alamos, San Miguel, Mora, Rio Arriba, and Taos that meet other criteria are eligible if they attend the mandatory information webinar on March 1.

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RDC’s TEAM Fund will Accept Applications Beginning Feb. 15

The Regional Development Corporation, a nonprofit economic development organization, will begin accepting applications for its Technology and Manufacturing (TEAM) Fund on February 15. The application period runs through March 15 at 5:00 pm. Businesses located in the counties of Sandoval, Santa Fe, Los Alamos, San Miguel, Mora, Rio Arriba, and Taos that meet other criteria are eligible if they attend the mandatory information webinar on February 24.

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