Support for small businesses in Rural Communities
Tierra del Sol cultivates a supportive environment for microenterprise and small business in rural economies by providing technical assistance and access to capital. Individual counseling is offered to business start-ups or expanding businesses to assist with the business concept and plan, organizational structure, financial requirements, and business goals. Borrowers are provided flexible financial terms to assure payments are affordable and can ensure successful repayment, including low interest rates, extended amortization periods and nontraditional forms of collateral.
Examples for financial services
Construction
Refinance debt
Machinery
Equipment
Startup Costs and working capital
Repairs and modernization
Eligible Counties
DOÑA ANA
LUNA
HIDALGO
OTERO
Development Costs
$1,000 – $250,000 Competitive Interest Rates
Terms
Range from 1 year to 20 years
Apply For Program
To Learn more about the program please contact Jose Perez at 575-640-1475.
To Apply for the program, please print the application, complete and return in person to the Las Cruces Office located at 210 E. Idaho Ave. Las Cruces, New Mexico.