DreamSpring

What their website says about applying

• Enter your identity information and business details. source
• Share financial details, collateral, and references. source
• Government-issued ID and selfie source
• Most recent paystub with year-to-date earnings source

Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.

As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.

• Minimum credit score: 600 Credit score: 600+ source
• Collateral required To provide the best rates and terms for our clients, DreamSpring may require collateral for loan approval. source
• Collateral flexible or not always required Effective July 20, 2024 DreamSpring offers uncollateralized options for applicants seeking less than $20,000 and with credit score above 650. source

Only rules the lender's own pages state. Other requirements may apply.

Read from 6 pages of the lender's website on 29 Oct 2026. Quotes are verbatim. Reviewed by a person (Oct 2026). Items added later were extracted with AI help and checked automatically against the pages listed below. Confidence: medium. Service area referred to but not listed on fetched pages. Terms change — confirm with the lender before applying.

Based on what their website said when we read it on 29 Oct 2026, and what it left out. Something missing here does not mean they don't offer it: ask.

1. What is the largest loan you make?
   Their website gives a minimum ($1,000) but no maximum.
2. Do you offer free coaching or help preparing my application?
   CDFI certification requires development services, such as training or advice, alongside lending.
3. What documents will you need from me, and how long does a decision usually take?
   Their website describes some application steps (above); ask for the full document list.

Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.

End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 85-0417347, filed as “DREAMSPRING”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer

Filings over time

Total assets fell 64% from Dec 2021 to Dec 2023; notes and loans receivable fell 58%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).

Same loan type, nearby, lower stated rate

Certified CDFIs whose head office is within 50 miles of this one and whose own website states a starting rate at least 0.5 points lower for the same loan type. Consumer loans count only where both lenders state an APR. A starting rate is not an offer: ask each lender what you would pay, and check that it lends where you are (credit unions also require membership).

• Commercial real estate loans (this lender states from 7.72%): Ventana Fund from 3.58% (4 mi, read 2 Nov 2026)
• Small-business loans (this lender states from 7.00%): Women's Economic Self-Sufficiency Team from 0.00% (2 mi, read 2 Nov 2026)

For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Form 990 figures: IRS annual extracts (see the Form 990 section). Prime rate: FRED DPRIME. Stated rates: each lender's own website, read on the date shown.

The SBA's public loan data lists 108 SBA-backed approvals for DreamSpring in fiscal years 2020–2026 (October 2019 to September 2026):

• 107 7(a) loans as the lender: $14.8M in total (gross amount approved), median $110,000
• 1 504 projects as the third-party (first-lien) lender

By fiscal year: FY2020 7 · FY2021 8 · FY2022 2 · FY2023 8 · FY2024 34 · FY2025 28 · FY2026 21.

How this lender was matched in the SBA files: 504 third-party lender name: same name, state and city (SBA lists “DreamSpring”); SBA lender ID 0506410: same name, state and city (SBA lists “DreamSpring”).

Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. DreamSpring may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files. For 504 projects, the CDC amount is the SBA-backed portion and the third-party lender amount is that lender's own first-lien loan.

Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.

Other certified CDFIs in Albuquerque and New Mexico

• First Financial Credit UnionCredit union · Albuquerque, NMAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home mortgages…Verified
• NEW MEXICO COMMUNITY DEVELOPMENT LOAN FUNDLoan fund · Albuquerque, NMOfficial list only
• Nusenda Credit UnionCredit union · Albuquerque, NMAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home mortgages…Verified
• Rio Grande Credit UnionCredit union · Albuquerque, NMAuto / vehicle loans, Commercial real estate loans, Home mortgagesVerified
• U.S. Eagle Federal Credit UnionCredit union · Albuquerque, NMOfficial list only
• Ventana FundLoan fund · Albuquerque, NMAffordable housing development loansVerified
• Women's Economic Self-Sufficiency TeamLoan fund · Albuquerque, NMSBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified

All 16 CDFIs in New Mexico