Small Business Loans
If you are a hard-working entrepreneur and have a sound business plan, we provide access to credit, technical assistance and small business loans ranging from $10,000 to $125,000 at affordable interest rates. Our goal is to strengthen our community’s economic base by creating more jobs and helping more individuals and families realize self-sufficiency through business activity.
Download Loan Application (PDF)
NCD is a Community Development Financial Institution (CDFI) certified by the US Department of Treasury.
Since 2007, NCD has made micro and small business loans in Nogales and Santa Cruz County totaling $1.3 million.
Loan Products
- Micro-Loans ($9,500 to $50,000)
- Small Business Loans ($50,000 to $150,000)
- Current Interest Rates ranging from 6 to 8.5%
Eligible Uses of Funds
- Working capital
- Equipment
- Property
- Start-up
- Expansion (flexible)
- Loans must be collateralized
- Goal is job creation & retention
Documents you need for enrollment in program:
- Application and loan generation fees are assessed
- Picture ID (driver’s license)
- Social Security card
- Proof of residence (utility bill, etc.)
- Business plan, including financial projections for five years
- Tax returns for past three years (personal & business)
- Proof of collateral
- NCD business loan application
- Proof of income (last two months of pay stubs)
- Last two months of checking and saving account statements
For further information, please contact Nogales Community Development: 520.397.9219 or ncdcinfo@nogalescdc.org
