Monday, November 5, 2012

Presentation on financing for New Mexico small businesses

The New Mexico Economic Development Department and New Mexico Finance Authority will visit five New Mexico communities to present on a $8.5 million financing that is available to the state?s small businesses.

The presentations will take place in the following communities:

  • Santa Fe ? Community Convention Center; November 13, 2 to 5 p.m.
  • Albuquerque ? Science and Tech Park; November 14, 3 to 5 p.m.
  • Grants ? SBDC Conference Room; November 15, 10 a.m. to 12:00p.m.
  • Gallup ? Chamber of Commerce; November 15, 1:30 to 3:30 p.m.
  • Farmington - November 27, location TBD, 1:00 to 3:30 p.m.

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The Collateral Support Program has made available more than $13 million in financing to New Mexico small businesses and has $8.5 million remaining. The presentation will offer information to small businesses in receiving financing.

In 2011, New Mexico was authorized to receive $13,168,350 from the U.S. Department of Treasury. The funds are administered by the Finance Authority, to the states small businesses, through the Collateral Support Loan Participation Program.

Source: http://farmington.kob.com/news/business/134442-presentation-financing-new-mexico-small-businesses

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