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SBA Microloans

You are here: Home / Business Loans / Microloans / SBA Microloans

SBA Microloan Program

Loans to small businesses up to $50,000.

Loans can be used for:

  • Working capital
  • Inventory or supplies
  • Furniture or fixtures
  • Machinery or equipment

Loans less than $10,000 carry interest rates of 8.7%
Loans above $10,000 carry interest rates of 7.875%
All loans can have terms up to 6 years.

The SBA Microloan Program allows businesses to take advantage of The Loan Fund’s Technical Assistance Program at no cost to the client.

Pre-loan technical assistance:

  • Work with The Loan Fund’s experienced loan officers and staff to identify the strengths and needs of your business.
  • Receive valuable recommendations specifically designed to meet your goals.
  • Position yourself to potentially receive financing for your business.

Post-loan technical assistance:

  • Work with your loan officer to evaluate the progress of reaching your business goals.
  • Receive one-on-one business consultations and trainings in areas such as business development, marketing, accounting, and web development to help grow your business.

Ready to start?

Contact us today!

Contact Us

The Loan Fund

We provide loans and assistance to improve the economic and social conditions of New Mexicans.

505-243-3196

[email protected]

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