Brothers David and Juan Certain grew up in Columbia knowing great coffee. Coffee is a three generation old family business that dates back to the mid 1960s when their grandfather founded the Villa Myriam coffee plantation. With The Loan Fund's help, the brothers have been able expand their capacity to import, roast and distribute Villa Myriam's single source coffee to restaurants and retailers around New Mexico, as well as open a downtown Albuquerque coffee shop called "The Brew.".
Southwest Creations Collaborative is a nonprofit that helps Spanish-speaking and immigrant women overcome challenges by providing employment opportunities in sewing, packaging, and tile work.Employees earn a living wage with access to healthcare, along with on-site childcare facilities, on-site English, citizenship and GED classes.
Southwest Creations Collaborative is a nonprofit that helps Spanish-speaking and immigrant women overcome challenges by providing employment opportunities in sewing, packaging, and tile work.Employees earn a living wage with access to healthcare, along with on-site childcare facilities, on-site English, citizenship and GED classes.
Services
The Loan Fund is an award-winning nonprofit organization that has helped hundreds of financially underserved small businesses and nonprofits across New Mexico to start, grow and thrive. Our clients are typically unable access credit through banks or credit unions. The Loan Fund is a 501(c)(3) nonprofit organization that is certified by the US Treasury Department as a Community Development Financial Institution (CDFI).
The New Mexico Community Development Loan Fund (dba the Loan Fund) is a nonprofit community lender providing loans and lines of credit to small businesses, business startups, and nonprofits throughout New Mexico that typically are unable to obtain financing through traditional lending sources. The Loan Fund also provides clients with consulting and training services.
The Loan Fund Small Business Consultant and longtime CNM professorreleases bilingual book on Latino entrepreneurship. Continuing its commitment to increase access to affordable business loans to diverse population. During 2017, The Loan Fund provided 81 new loans totaling $5.6 million in affordable credit to New Mexico's small businesses and nonprofits.
The Loan Fund offers flexible payment schedules, and we review each loan application on a case-by-case basis. The length of the loan process varies based on when your loan officer receives the appropriate documentation. Typically, it takes three to four weeks to close the loan once all information is received.
The Loan Fund's clients are passionate and hardworking, but unable to access business credit through banks or credit unions due to reasons such as income status, location, and level of business experience or acumen.
Your 100% tax-deductible donation to The Loan Fund enables small businesses, entrepreneurs and nonprofits in underserved and disadvantaged communities across New Mexico to receive the credit and counseling needed to build true self-sufficiency for themselves and their families.Your donation also helps these businesses create new employment opportunities in their communities that otherwise would not exist.
Your 100% tax-deductible donation to The Loan Fund enables small businesses, entrepreneurs and nonprofits in underserved and disadvantaged communities across New Mexico to receive the credit and counseling needed to build true self-sufficiency for themselves and their families.Your donation also helps these businesses create new employment opportunities in their communities that otherwise would not exist.
Reviews (2)
Harrison Satoru O'Connor
Jun 05, 2020
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I have had a fantastic experience with The Loan Fund and their staff. I had the privilege of working with Leroy Pacheco and Jennifer Silva who worked diligently to see if The Loan Fund and I were compatible.. we are!!! We were approved today! I feel so blessed and fortunate to have gotten to work with these amazing and thoughtful professionals. Thank you very much!!!
Chris Robertson
Jul 26, 2018
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This may not be an honest review of their company, but it's hard to make an opinion when they won't answer their phones, reply back to their "Have a question? Send us an e-mail." or after the one person who did answer say a loan officer would contact me that day or the next, which has been over a week now. Very disappointed from the recommendation of our local SBA office.
