NMFA definition

NMFA means the New Mexico Finance Authority.
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Examples of NMFA in a sentence

  • The NMFA may disallow a PFI from enrolling any additional Qualified Loans if the NMFA determines, in its sole discretion, that the PFI’s practices do not meet Program standards or monitoring requirements.

  • The NMFA Credit Department reviews PFI applications and may request additional information.

  • NMFA will make best efforts to approve claim reimbursements within twenty (20) business days upon receipt of all information requested.

  • NMFA is also seeking to collaborate with lenders to support higher lending volumes to SEDI-owned businesses to meet the SEDI objective for the State.

  • NMFA reserves the right to deny claims submissions from PFIs out of compliance with any terms of their Agreements.

  • A capital landscape report commissioned in 2023 by NMFA found one of the greatest unmet capital needs for small businesses in New Mexico is for loans between $100,000 and$250,000, as these loan sizes are larger than most microlenders can provide and smaller than products offered by banks.

  • The NMFA Credit Department will review claims submissions and may request additional information.

  • PFIs may submit enrollment request forms for loans meeting all Eligibility Requirements to NMFA via the online portal.

  • The NMFA may disallow a PFI from enrolling any additional Qualified Loans if the PFI demonstrates a default rate exceeding six (6) percent on its pool of Qualified Loans.

  • PFIs may not submit claims within the first six months following the execution of their Agreement with NMFA.

Related to NMFA

  • NOAA means National Oceanic and Atmospheric Administration or successor thereto.

  • Personnel data means government data on individuals maintained because the individual is or was an employee or applicant for employment. For purposes of this policy, “employee” includes a volunteer or an independent contractor.

  • Local Number Portability or "LNP" shall have the meaning set forth in Section 10.2.1.1.

  • Local Plan means a local or regional public transportation plan(s), which may include adopted policy(ies) that is developed and approved by the Governing Body of a Qualified Entity, Public Transportation Service Provider, or Metropolitan Planning Organization and which includes, at a minimum:

  • PDPA means the Personal Data Protection Act 2012 (No. 26 of 2012).

  • Apprenticeship Agreement means a written agreement between the Company and the person employed as an apprentice, which agreement or indenture shall be reviewed by the Joint Apprenticeship Committee and registered with the Registration Agencies.