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Home The New Mexico Small Business Investment Corporation (NMSBIC) was created by state legislation in 2000 to provide equity or loan capital to small businesses in New Mexico. Support for this legislation rested on the knowledge that small businesses - those with 25 or fewer employees - are the backbone of the state, sustaining the economies of local communities where they are located. Most new jobs in the state have been generated by small businesses, and small firms represent the majority of business enterprises in New Mexico. Over 47 million dollars in NMSBIC funds is distributed through our funding partners and is passed on directly to the New Mexico small businesses that need it. Through this fund, New Mexico businesses are better able to finance expansion, create and retain jobs, and increase their livelihood. Through our lending and equity partners we have made nearly 1,500 loans all over the state and found equity investments for over 30 small businesses. If you are looking for capital to start or expand your business, use the search tool at FinanceNewMexico.org . To see all of our partners, go to FinanceNewMexico.org/partners |
For funding or FinanceNewMexico.org
knowledge to start or grow a business in New Mexico, go to
NMSBIC News |
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