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REVOLVING LOAN FUND

Working Now Revolving Loan Fund

NCNMEDD is excited to announce the new Working Now revolving loan program. Working Now loans are now available to help small businesses affected by the pandemic with expenses like payroll, rent, inventory, marketing, ecommerce development, personal protective equipment and small capital improvements. In addition to funding, NCNMEDD will offer borrowers  technical assistance throughout the life of the loan to foster business success and sustainability.

 

The Working Now loan process is simple and straightforward. The terms and conditions of the loan will not change, and the review process is streamlined. Our office is here to help you every step of the way.

For more information or to submit an application, click below or contact Christopher Madrid at (505) 920-9257 or by email at chrism@ncnmedd.com .

The NCNMEDD Revolving Loan Fund partners with Northern New Mexico banks to provide participation loans that fill financial gaps for businesses located in the counties of Colfax, Los Alamos, Mora, Rio Arriba, San Miguel, Sandoval, Santa Fe, and Taos.
 
During the life of the Fund, NCNMEDD has lent almost $3.5 million to 49 firms on projects that generated $15 million of business development activity and over 1,000 jobs created and retained in the region.