DreamSpring
Albuquerque nonprofit CDFI and SBA lender offering term loans and lines of credit to small businesses in 27 states.
About
DreamSpring says it is "a nonprofit Community Development Financial Institution (CDFI) and U.S. Small Business Administration (SBA) lender" serving entrepreneurs in 27 states. It offers term loans from $1,000 to $2,000,000, lines of credit of up to $100,000 and, in five states, SBA Community Advantage 7(a) loans of $50,000 to $350,000. It says it lends to businesses "in a wide variety of industries, including food and beverage, transportation, retail, manufacturing, design, software, professional services, construction, landscaping, and many more". Who it is for: Startups and existing small businesses in the states it serves.
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