Collateral Support

In 2011, New Mexico was authorized to receive $13,168,350 from the US Department of Treasury as part of the State Small Business Credit Initiative provided through the Small Business Jobs Act of 2010. The Finance Authority administers these funds on behalf of the State through the Collateral Support Participation program.

New Markets Tax Credits

The New Mexico Finance Authority is pleased to announce the availability of New Markets Tax Credits (“NMTC”) loan funds dedicated solely to New Mexico businesses. Loans for up to 25% of your project are available at a low interest rate. NMTC loans are combined with other sources of funding that is secured by the applicant and managed by Finance New Mexico.

Economic Development Bond Program

Enacted in 2003, the Statewide Economic Development Finance Act (SWEDFA) authorizes the Finance Authority to issue bonds, make loans and provide loan and bond guarantees on behalf of private for-profit and non-profit entities.