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BUSINESSES UNDER TWO YEARS OLD

SBA lenders that fund brand-new businesses in New Mexico

Over the last five years 528 SBA loans in New Mexico went to businesses under two years old, 36% of every approval in the state (5 points above the national rate). 238 of them were loans that opened the business in the first place.

Loans to new businesses
528
last 5 years
Lenders that said yes
90
active in New Mexico
Median approval
$179K
$38K – $554K typical
Typical term
13 yr
94% were 7(a)

The 15 most active startup lenders in New Mexico

Every lender here has approved loans for businesses under two years old in New Mexico. The percentage is how much of their New Mexico lending went to new businesses, which tells you whether they do it routinely or made an exception.

1
Carlsbad, NM
New-business loans
108
Share of their NM lending
57%
Typical loan
$527K
Last approval
Mar 2026
2
Sioux Falls, SD
New-business loans
83
Share of their NM lending
83%
Typical loan
$210K
Last approval
Aug 2025
3
Cincinnati, OH
New-business loans
28
Share of their NM lending
27%
Typical loan
$105K
Last approval
Mar 2026
4
Columbus, OH
New-business loans
25
Share of their NM lending
60%
Typical loan
$384K
Last approval
Jan 2026
5
Beresford, SD
New-business loans
21
Share of their NM lending
54%
Typical loan
$177K
Last approval
May 2025
6
Austin, TX
New-business loans
17
Share of their NM lending
21%
Typical loan
$692K
Last approval
Mar 2026
7
De Graff, OH
New-business loans
15
Share of their NM lending
63%
Typical loan
$639K
Last approval
Jan 2026
8
Wilmington, NC
New-business loans
14
Share of their NM lending
23%
Typical loan
$1.2M
Last approval
Mar 2026
9
Albuquerque, NM
New-business loans
13
Share of their NM lending
65%
Typical loan
$161K
Last approval
Mar 2026
10
Santa Fe, NM
New-business loans
11
Share of their NM lending
31%
Typical loan
$374K
Last approval
Mar 2026
11
Osage Beach, MO
New-business loans
9
Share of their NM lending
60%
Typical loan
$524K
Last approval
Apr 2025
12
Clovis, NM
New-business loans
9
Share of their NM lending
41%
Typical loan
$384K
Last approval
Feb 2025
13
Clayton, MO
New-business loans
8
Share of their NM lending
47%
Typical loan
$712K
Last approval
Aug 2025
14
Albuquerque, NM
New-business loans
8
Share of their NM lending
18%
Typical loan
$799K
Last approval
Feb 2026
15
Berkeley Heights, NJ
New-business loans
8
Share of their NM lending
17%
Typical loan
$447K
Last approval
Mar 2026
Ranked from public SBA approvals, not from lender marketing. Being listed is not an endorsement or a promise of approval, and no lender can pay to appear here.