New Mexico Community Development

The Loan Fund is a non-profit organization based in Albuquerque, NM that provides loans and assistance to improve the economic and social conditions of New Mexicans. With a mission to support small businesses and non-profit organizations, The Loan Fund offers a range of lending options and business consulting services to help clients achieve their goals and contribute to the local community.Generated from the website

The Loan Fund is an award-winning nonprofit organization based in Albuquerque, New Mexico, dedicated to providing flexible financing and consulting services to small businesses and nonprofit organizations that often face challenges securing funds from traditional banks. Established in 1989, it focuses on alleviating poverty and fostering economic growth, particularly in low-income and underserved communities throughout the state. With a commitment to supporting hardworking New Mexicans, The Loan Fund has disbursed over 2,266 loans totaling $108 million, helping to create and preserve more than 11,500 jobs. The organization partners with banks, credit unions, and community organizations to ensure that entrepreneurs receive the financial assistance and resources they need to thrive. Generated from the website

The New Mexico Student Loan Guarantee Corporation (NMSLGC) is a non-profit organization established in 1982 by the state legislature to manage New Mexico's involvement in the Federal Family Education Loan Program (FFELP). As the state's designated loan guarantor, NMSLGC is committed to assisting students and families in planning, preparing, and paying for postsecondary education. In addition to processing claims for borrowers in distress, NMSLGC offers loan counseling, repayment assistance, and outreach programs aimed at reducing delinquency and supporting K-12 education stakeholders. Their initiatives include providing financial aid training, scholarship opportunities, and helping students complete the FAFSA and college applications. Generated from the website