Including small business loans, commercial real estate loans, and other financing solutions. While based in Florida, GoKapital offers services across the United States, including New México
Gokapital Serving in New México
GoKapital is a financial company that provides various business funding options
GoKapital serves businesses in New Mexico by offering various loan products tailored to different needs.
They provide fast working capital, which includes business loans, equipment leasing, real estate financing, and merchant cash advances. They cater to industries such as retail, construction, medical, and transportation, and their loan options are accessible even for businesses that may not qualify for traditional bank financing.
GoKapital provides several real estate financing options for New Mexico investors, aimed at residential and commercial properties. Their real estate loan programs include:
- Hard Money Loans: These are designed for real estate investors needing quick access to funds for fix-and-flip projects or rental investments. GoKapital offers up to 80% of the purchase price and up to 100% of rehab funds, with interest rates starting at 6%. These loans are particularly attractive due to their quick approval and minimal documentation requirements
- Commercial Mortgages: GoKapital provides financing for commercial real estate properties ranging from $100,000 to $50 million. These loans are available for offices, warehouses, multi-family units, and other types of commercial properties. Terms can range from 1 to 30 years, with competitive interest rates between 7% and 14%, and LTV (loan-to-value) ratios up to 75%
- Cash-Out Refinancing: Investors can refinance existing properties to access equity. This is available for both residential investment and commercial properties, with flexible terms and relatively fast closings
These options make GoKapital a versatile solution for real estate investors in New Mexico, especially those seeking quick funding and flexible terms.
New Mexico’s economy is diverse, with key industries including energy, tourism, agriculture, and government sectors. Here’s a breakdown of its primary economic drivers:
- Energy: New Mexico is a leading producer of oil and natural gas, contributing significantly to the state’s economy. The Permian Basin, located in the southeastern part of the state, is one of the most productive oil fields in the world. The state’s energy sector also includes growing investments in renewable energy, particularly wind and solar power.
- Tourism: Tourism is another major contributor, driven by New Mexico’s cultural heritage, natural beauty, and outdoor activities. Popular destinations like Santa Fe, Albuquerque, and national parks such as White Sands and Carlsbad Caverns attract millions of visitors each year.
- Government & Military: The federal government plays a significant role in the state’s economy. Military installations, including Kirtland Air Force Base, and research facilities such as Los Alamos National Laboratory and Sandia National Laboratories, are major employers and drivers of innovation in defense and technology.
- Agriculture: New Mexico is a key producer of pecans, chile peppers, dairy products, and cattle. The state’s arid climate allows for specialized farming, and agriculture continues to be an important rural economic activity.
- Film Industry: New Mexico has become a hub for film and television production, thanks to attractive tax incentives and the presence of large film studios in the Albuquerque and Santa Fe areas. Productions like Breaking Bad and Better Call Saul have highlighted the state’s potential in this sector.
- Challenges: Despite its strengths, New Mexico faces challenges such as high poverty rates, lower-than-average wages, and a reliance on federal funding. The state has also worked to diversify its economy to reduce dependency on energy revenues, which are subject to fluctuations in global oil prices.
New Mexico’s efforts to expand industries like renewable energy, aerospace, and technology are crucial for its future growth.
| Albuquerque Las Cruces Rio Rancho Santa Fe Roswell |
Farmington Hobbs Clovis South Valley Carlsbad |
Alamogordo Gallup Los Lunas Sunland Park Chaparral |
Deming Los Alamos Las Vegas Artesia Portales |
North Valley Lovington Española Silver City Bernalillo |