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SOUTHWESTERN BUSINESS FINANCE FAIR12/9/20The Economic Development Department's Mission is to improve the lives of New Mexicofamilies by increasing economic opportunities and providing a place for businesses to thrive.1

Financial Programs Job Training Incentive Program Local Economic Development Act Opportunity Zones Business Finance Finder Rural Efficient Business Program FUNDIT Film Division Outdoor Rec Office of Science and Technology Office of International Trade New Mexico Main Street NM Border Authority Spaceport America COVID-19 Response

Collateral Assistance Program EDD can pledge cash to cover a collateral shortfall of a loan in order toenable financing that otherwise might not be available to a small business. Special preference is placed on business owners who are women, US Veterans,ethnic minorities or part of other socially disadvantaged groups. Special focus is on (but not limited to) projects in industries related to: intelligentmanufacturing, sustainable & green industries, value added agriculture, tourism &outdoor, digital film & media located in rural areas. EDD can support projects up to 250,000 or up to 50% of it-enhancement-program/

Upcoming Info sessions/events EDD Miniseries for Business Owners of Color: Tools to Help YourBusiness Flourish- Business Resources 12/11 @ 12:30, /1502312625232141067 SBA Surety Bond Overview, 12/10 @ 10:00 /5317258434046940686 FUNDIT Q4 Meeting 12/10, Applyhttps://www.tfaforms.com/4764020 Import/Export Overview 1/20 @ 11:30 /2149109137553344779

Stay TunedSign Up for EDD News and Updates: https://gonm.biz/newsletterNMEDD Website: http://gonm.biz/NMEDD YouTube Nl4R0VH6GsxZRQ?view as subscriber Johanna Nelson, Strategic Programs Manager,Johanna.nelson@state.nm.us, 505-469-6204 Mark Roper, Division Director, mark.roper@state.nm.us, 575-562-0327 Juan Torres, Finance Team Leader, juan.torres@state.nm.us, 505-699-2401

EDD Regional Reps EconomicDevelopment DepartmentNMEDD Find your Regional lRepRegion 5: Louise MarquezRegion 6: Susan Russell

About the U.S. Small Business Administration (SBA) Created in 1953 A federal agency dedicated to helping small business ownersand entrepreneurs pursue the American dream. The only cabinet-level federal agency fully dedicated to smallbusiness. The nation’s only go-to resource and voice for smallbusinesses. We provide counseling, capital, and contracting expertise. www.sba.gov8

How is a small business defined?The SBA’s Office of Advocacygenerally defines a smallbusiness as an independentbusiness having fewer than500 employees.For industry-level smallbusiness size standards usedin government programs andcontracting, here are 31.7 million smallbusinesses in the U.S. 81% or 25.7 million have noemployees 9% or 6 million have paidemployees 20,139 large businesses9

What Kind of Funding is Right for You?SBA LoansThe 7(a) Loan Can be used for almost any purpose, including buying real estate, equipment,inventory, or for working capital, refinancing business debt, or purchasing a smallbusiness.SBA Microloan Program Great for helping start-ups launch and grow or repair credit. Loans from 500 to 50K plus free business counseling.504 Certified DevelopmentCompany Loan Program Competitive fixed-rate mortgage financing to purchase land, heavy equipment, orreal estate for businesses that do not qualify for traditional financing.Disaster Loans The SBA provides low-interest disaster loans to help businesses and homeownersrecover from declared disasters. Visit sba.gov/disaster for more information. EIDL (Economic Injury Disaster Loan)10

What Kind of Funding is Right for You? - cont’dFunding from Private InvestorsTo facilitate the flow of long-term capital to America's small businesses, the SBA partnerswith private investors (Small Business Investment Companies or SBICs) to invest inqualifying small businesses with guaranteed capital and private funds.Funding Programs for Research & Developmentand Funding to Make You More CompetitiveThe Small Business Innovation Research (SBIR) and Small Business TechnologyTransfer (STTR) programs provide more than 2.5 billion annually in early-stage capitalthrough more than 4,000 new awards. Visit sbir.gov to find funding opportunities andhelpful program tutorials.11

SBA New Mexico District OfficeUpcoming Events—December 2020SBA SuretyBondProgramOverviewWebinar December 10, 2020 10–11:30 AM Hosted by: New Mexico EconomicDevelopment Department Presented by: SBA Surety Bond GuaranteeProgram and the SBA New Mexico DistrictOffice Registration link: bit.ly/3gfa98WPPP LoanForgivenessInformationWebinar December 10, 2020 2–3:30 PM Hosted by: New Mexico Small BusinessDevelopment Center (NMSBDC) Presented by: SBA New Mexico DistrictOffice Registration link:nmsbdc.ecenterdirect.com/events/12791SBA NMWebinarSeries: PPPLoanForgivenessand EIDLIssues,Solutions,and FAQs Thursday, December 10, 2020, 12:30–1:30 PM Tuesday, December 15, 2020, 9–10 AM Tuesday, December 22, 2020, 2–3 PM Wednesday, December 30, 2020, 10–11 AM Hosted and Presented by: SBA New MexicoDistrict Office Registration link: bit.ly/3owstgw12

SBA New Mexico District OfficeJohn Garcia,District DirectorNew Mexico District OfficeJohn.Garcia@sba.gov(505) 248-8238Shelley Brown,Lender Relations SpecialistShelley.Brown@sba.gov(505) 248-8228Ivan Corrales,Deputy District DirectorNew Mexico District OfficeIvan.Corrales@sba.gov(505) 248-8227Mercedes Chavez,Outreach & Marketing SpecialistMercedes.Chavez@sba.gov(202) 941-811213

SBA New Mexico District OfficeWould you like to know about upcoming SBA NewMexico events and the latest SBA news?Sign up to receive our emails! Go to sba.gov/updates. Enter your email address and zip code, and then click SUBSCRIBE. Note: To view our email history, go to: low us on Twitter @SBA NewMexicoVisit our website sba.gov/nm14

Southwest New Mexico Business Finance Fair

16Mission StatementAdvancing New Mexico by FinancingImpactful, Well-Planned Projects

Past to the PresentBusiness Financing17 Economic Development Programs Primary Care Capital Fund Behavioral Health Capital Fund Smart Money Loan Participation New Market Tax Credits Small Loan Pool - NMTC

Different Types of NMTC ProjectsEligible Entities List18 Benefits for the local community Office Direct creation of permanent jobs Retail/Office Construction jobs Mixed use with 70/30 Housing Requirement Indirect job creation Entertainment/Theater/Museums Increased tax base Grocery Store Blight removal Hotel Attract and/or retain skilled workforce Non-profit organizations Bring new goods or services to underserved communities Industrial ManufacturingCapital investment to underserved, qualified Low-IncomeCommunities (LIC) Operating Business Renewable energy Health care

19Small Business CARESGrants & Recovery Loans The Small Business CARES Relief Grants provide funding up to 50,000 to for-profit and nonprofit businesses with 100 or feweremployees. More information at www.nmfinance.com.Applications for the grants will be accepted from noon onDecember 7 through noon on December 18. The Small Business Recovery Loan Fund provides low-interestloans to for-profit and nonprofit business with 5 million or lessin annual revenue that have experienced financial hardship dueto the pandemic. Visit the website for more criteria andguidelines.Visit www.nmfinance.com for more information

Thank you!20For more information on today’s topic, contact:Business@nmfa.netJohn BrooksJbrooks@nmfa.netNew Mexico Finance AuthorityRyan OlguinRolguin@nmfa.netAdvancing New Mexico by financing impactful, well-planned projects.www.nmfinance.com

BBVA Bank, Southern New MexicoContact information Jeffrey Silva Business Banking Relationship Manager 3800 E. Lohman Ave, Las Cruces NM 88011 575-640-6174 cellular Jeffrey.silva@bbva.com

BBVA Full Service Bank ACH/Wire Services Business Checking Business Credit Cards Business Debit Cards Business Lending Treasury Management Merchant Services Online Banking/Multichannel Payroll Remote Deposit

Business Checking Accounts BBVA Business Connect Checking: Min opening deposit 100 Monthly Service fee 0 5000.00 in cash processing per month no charge 5 in branch withdrawals and/or processed checks per month no charge 2 in branch deposit per month no charge All other transaction (other than listed above) are unlimited at no charge Complimentary Online and Mobile Banking with Bill Pay and alerts No BBVA USA fee to use another banks ATM Paper statement 3 and image fee 5

Business Checking Accounts BBVA Business Choice Checking Account: Minimum opening deposit 100 Core Features 250 free items processed per month 10,000 om free cash processing per month Complimentary online and Mobile Banking with Bill PayMonthly service fee 15 but can be waived by: Maintain an average daily balance of 5000 or Process at least 5000 in merchant services with BBVA or Business is enrolled in BBVA for Your Cause (Subject to eligibility) Additional features can be added to customize your needs

Business Checking Accounts BBVA Premium Checking Account: Minimum Opening Deposit 100 Earns Interest Monthly Service fee 25 but can be waived if the following requirements are met: Average daily collected balance of at least 25,000 or Process at least 25,000 through merchant service with BBVA or Maintain at least 50,000 in Relationship balances such as Savings, Money Market, Loanbalances excluding mortgage balances and commercial loan balanceContinued

Business Checking Accounts Continued Business Premium Checking Account Continued Core Features: 500 Free Items processed per month 25,000 in free cash processing per month Free Paper Statements Free Image Statements Complimentary Online Banking and Mobile Banking with Bill Pay No BBVA USA fee for using an ATM in or Outside of BBVA ATM network. Additional Feature free at no charge (see account disclosures)

Non-Profit Account: BBVA for Your Cause The account is to help an organization raise money. The Non-Profit will get royalty payments (see disclosure) The Non-Profit will get royalty payments from use of members debit card (seedisclosures) Organizations members will automatically be eligible for the BBVA WorkplaceSolutions Programs to pass on saving benefits to the employees Enrollment process is an application process (see disclosures)

BBVA Business Loans Business Term Loans: Equipment, VehiclesBusiness Credit Cards: Rewards cards-earn 1.5 points for every 1 in qualified purchase 0% Interest Intro APR on purchases for 9 months No annual fee Low balance Transfer Rates

BBVA Business Loans Convenience Lines of Credit: Up to 100,000 unsecured Minimum paper work, based on credit, cash flow and formation documentsRevolving Lines of Credit: Lines from 100K to 1.5MM secured and unsecure Underwriting guidelines requiredCommercial Real Estate Loans: Owner Occupied of at least 51% Pricing discounts for Relationship accounts 100K up to 10MM

BBVA Business Loans Equipment Finance Lines of Credit: Master line from 100K to 1MM 12 Month draw period on Master line Minimum take down is 10K Each take down becomes a separate account with a 60 month term Fixed rates available No Prepayment Penalty 0.50% Origination Fee

BBVA Business Loans Green/Sustainability Loans: Discount on qualifying Green loans on closing costsSBA Loans: Preferred SBA Lender SBA Express Line- 10 year product where first 5 years acts as a line then last 5years is a 5 year term loan 7a program 504 program