Business Loans

We offer a variety of commercial loan products and services.  When it comes to a business loan for buying a building, new equipment, or even a line of credit, First New Mexico Bank, Las Cruces is ready to lend you money.

Our highly qualified commercial lending officers can tailor a loan for your specific business needs.

Commercial Term loans - Do you need long term working capital? A term loan can allow you to make capital improvements or purchase equipment. Borrow funds for your business with a repayment schedule to fit your needs.

Commercial Lines of Credit – Do you need capital to fund your growing business? A working capital line of credit can fill the gap between accounts receivable and accounts payable. It can support orders and contracts you receive to stabilize cashflows during peaks in your business cycle.

Commercial Real Estate – Outgrown your present business facility? First New Mexico Bank, Las Cruces can finance your new location or expansion/improvements on your existing facility. A commercial mortgage could be the answer for you. Let us help!

Construction Loans – Our lending staff has extensive experience in construction lending, including residential, commercial and subdivision financing. We will draw on this experience to tailor a construction loan to meet your particular needs, including making it a smooth transition from construction to permanent financing.

Letters of Credit – Are your suppliers looking for a guarantee that they will be paid? A commercial letter of credit by First New Mexico Bank, Las Cruces will assure your business partners will be paid for goods and services they provide or that you will meet your contractual obligations to them.  We also issue letters of credit for subdivision projects.

Small Business Administration (SBA) Loans – Are you a new business or concerned that you may not qualify for a conventional bank loan? First New Mexico Bank, Las Cruces offers a variety of term loan and line of credit options backed by government-sponsored loan guarantees. We participate in the following SBA programs:

  • 7A
  • 504
  • Patriot Express
  • SBAExpress

All credit applications are subject to standard credit and underwriting approval.

For more information, please contact our Commercial Loan Department today at (575) 556-3000.


Meet our Commercial Lending Officers

Sharron Stuart Sharron Stuart
President


Sharron has specialized in commercial loans, real estate subdivision and construction loans during her banking career. She will make the loan process easy to understand. Sharron knows the bank’s strength comes from the employees, therefore you can expect the best.
Lisa Lisa Key
Senior Vice President


Lisa has been a part of the Las Cruces banking community for over 25 years.  “The best part of my job has always been in finding a solution to help local businesses succeed.”
Charles Widger
Charles Widger
Vice President


Chuck’s dedication to customer service is the focus of his banking career. He welcomes small business loans to assist local businesses in their growth with the growth of Las Cruces. Chuck understands the needs of the community by serving on numerous clubs and organizational boards.