DreamSpring
NM
SBA-approved lender offering 7 loan programs across 8 industries.
Key Metrics
Interest Rate
10.23%
3.48% over prime
Average Loan
$130K
Per approval
Total Approvals
28
FY 2025
Loan Programs (7)
7a General
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Industries Served (8)
All Other Miscellaneous Food ManufacturingBeauty SalonsEducational Support ServicesFull-Service RestaurantsLimited-Service RestaurantsMobile Food ServicesPlumbing, Heating, and Air-Conditioning ContractorsSite Preparation Contractors
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 3.48%
- Effective Rate
- 10.23%
- Fiscal Year
- 2025
- States Served
- NM
- Website
- www.dreamspring.org
Ready to apply with DreamSpring?
Let Cassian help you prepare your application and connect you with the right loan officer.