Small Loan Program

NMCIC Small Loan Program for Small Businesses and Nonprofits in New Mexico

NMCIC is launching a dedicated program for individual loans of up to $250,000 to help fund energy efficiency, clean energy, electrification and other emissions-reducing projects specifically for nonprofits and small businesses.

This program provides affordable financing for New Mexico nonprofit organizations and small businesses to implement energy efficiency upgrades and electrify or solarize their facilities. Our goal is to help nonprofits reduce energy consumption, lower utility costs, and prepare their facilities for the future. By doing so, we can help you save money, improve comfort and safety of your facilities, and contribute to statewide energy and climate goals.

If you are a small business or nonprofit in New Mexico and you are interested in applying, please submit a proposal for financing by clicking on the Small Loan RFP Submission Form on this page. More details on the program can be found in the Small Loan RFP document. If you have any questions, please email .

RFP Submission Details

Please review the Small Loan Program RFP to determine if you have a project that is eligible for financing through this program.

We also invite you to download our Online Submission Guide to help you compile the answers and materials you’ll need for the online submission form.

How to Submit a Proposal

Fill in the Small Loan RFP Submission Form at the bottom of this page. Complete the required fields and click “submit”.

Due Date

Submissions for the first round will be taken through October 31st, 2025.
For any questions, please email us at .

Illustration of Eco Tree

Small Loan Program Terms

Eligible Borrower Types

Nonprofits and small businesses domiciled in New Mexico and primarily serving New Mexico residents

Eligible Projects

Projects which reduce or abate emissions including but not limited to energy and water efficiency, clean energy, and electrification

Financing Type

Financial assistance will be in the form of a loan, and can be structured as a traditional bridge loan, construction or permanent loan, or as a C-PACE loan

Loan Amount

Up to $250,000

Loan Term

6 months – 15 years, depending on the work and the structure of the loan

Interest Rate

Below market, fixed or variable depending on term of the loan

Potential Loan / Facility Collateral & Security

Senior or subordinate with some guarantee, depending on the size of the loan and underwriting results

Small Loan Program RFP Submission Form