Merchant Cash Advance for Landscaping Contractors in New Mexico: 2026 Guide

Quick Answer: New Mexico landscaping is defined by xeriscape installation, native plant programs, and drip irrigation systems — not turf mowing. All three are capital-intensive before any invoice exists. No MCA disclosure law means providers owe you no APR or cost summary before you sign. NMSA §§ 39-1-16/-17/-18 void pre-signed COJ and bar enforcing out-of-state cognovit judgments in New Mexico — one of the strongest anti-COJ regimes in the country, so the Ohio/New Jersey no-notice cognovit shortcut fails here; the residual risk is an ordinary forum-selection clause forcing you to defend a real lawsuit out of state. Prevailing wage applies at $60,000 on public projects; federal Davis-Bacon at $2,000 covers Intel, Sandia, LANL, and Kirtland work. Workers’ comp is a private-market state; NMCID-licensed construction contractors carry from the first employee. Use /calculator to convert any offer to a true APR before signing.

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New Mexico’s Landscaping Market: What Makes It Different

Most landscaping cash-flow guides assume the business model is a mow-and-blow operation: crews arrive in April, mow weekly through October, bill monthly, and face a funding gap when spring startup costs arrive before the first check. New Mexico’s commercial landscaping market runs on a different model entirely.

Xeriscape and Native Plant Installation: High Capital, High Value, Front-Loaded

New Mexico receives between 8 and 14 inches of annual precipitation depending on location — Albuquerque averages 9.5 inches, Santa Fe 13 inches, Las Cruces 9.8 inches. Water conservation is not a trend here; it is a legal and economic reality. The Albuquerque Bernalillo County Water Utility Authority (ABCWUA) has offered turf-removal and xeriscape rebates since 1999, and Albuquerque’s commercial properties have been converting high-water-use bluegrass and fescue to drought-tolerant native landscapes for two decades. Commercial property owners at data center campuses, hospital complexes, university grounds, and HOA common areas actively seek landscaping contractors who can design and install native plant programs — not operators who maintain existing turf.

A xeriscape install contract for a commercial property in Albuquerque or Rio Rancho follows this timeline: design and plant-palette consultation (often weeks before a signed contract), plant material procurement and staging (purchased and delivered before the first customer dollar arrives), drip irrigation system installation (labor-intensive, before any surface planting), decomposed granite or rock mulch spread, and native plant installation — all before the final invoice is generated and submitted. On a $50,000 xeriscape install, the contractor may be $25,000–$35,000 out of pocket before billing begins.

That front-loaded cost curve is New Mexico landscaping’s defining cash-flow challenge — and it applies whether the contract is a single residential estate in Santa Fe or a campus grounds installation at a tech company in Rio Rancho.

MCA fit for xeriscape and native plant installation: The gap between mobilization cost and first invoice payment is a legitimate MCA use case. The repayment source is a confirmed signed contract, not a future hope; the advance bridges a documented, calculable timing gap. For Albuquerque metro operators, an advance sized to cover plant procurement, drip system components, and crew for a signed install contract — repaid from the milestone and final invoice — is a rational bridge. Price invoice factoring first if the client is institutional and creditworthy (a GC on the Intel or Meta campus, a university facilities management company); otherwise MCA is the instrument.

Albuquerque and Rio Rancho: The Volume Market

The Albuquerque metro area (Bernalillo, Sandoval, Valencia, and Santa Fe counties) is home to roughly 920,000 residents and growing. Rio Rancho in Sandoval County — Albuquerque’s northernmost suburb — is New Mexico’s second-largest city and has grown consistently since the early 2000s, driven by Intel’s manufacturing campus and subsequent residential development. The Rio Rancho/Albuquerque northwest mesa corridor has added thousands of homes, commercial office parks, and HOA subdivisions each decade.

For landscaping contractors, this growth creates consistent residential xeriscape installation demand (homeowners converting turf under water conservation programs), HOA common-area maintenance contracts, and commercial property grounds programs. ABCWUA turf removal rebates ($1.50–$2.00 per square foot for residential; commercial rates vary) generate a pipeline of install contracts where payment structure is split: homeowner pays a portion before install, rebate check arrives 4–8 weeks after inspection. That rebate gap is a recurring NM-specific cash-flow timing issue.

Intel Rio Rancho — CHIPS Act packaging fab conversion. Intel’s Rio Rancho campus (Sandoval County, approximately 15 miles north of downtown Albuquerque) is being converted into what Intel and the U.S. Commerce Department describe as the largest advanced semiconductor packaging facility in the United States. New Mexico’s allocation is approximately $500 million — New Mexico’s share of Intel’s $7.86 billion national CHIPS and Science Act award finalized in November 2024 — directed at modernizing two existing Rio Rancho fabs for advanced packaging. Construction and equipment installation is running through 2026 and 2027, supporting approximately 700 manufacturing and 1,000 construction jobs.

For landscaping contractors, Intel Rio Rancho generates commercial grounds maintenance scope throughout the construction and operational phases: campus perimeter erosion control and revegetation, stormwater basin planting and management, parking structure landscape, campus grounds upkeep under multi-year facility management agreements. GC billing on Intel construction subcontracts typically runs net-30 to net-45. An MCA bridges mobilization costs before GC draws clear; invoice factoring is the right instrument once a specific GC draw invoice exists against a creditworthy prime contractor.

Meta Los Lunas: Eight Buildings, $2 Billion, Still Expanding

Meta operates its major Southwest data center campus in Los Lunas, Valencia County — approximately 25 miles south of Albuquerque along I-25. The campus spans roughly 750 acres with approximately 3.8 million square feet of data center floor space across eight completed buildings and more than $2 billion invested to date. In 2026, the Los Lunas Village Council approved a further expansion — two additional AI-focused buildings, approximately $800 million investment, on nearly 500 adjacent acres acquired in late 2025 — with construction expected to run approximately three years.

The Los Lunas campus is Meta’s primary Southwest data center and has expanded continuously since initial construction in 2019. For landscaping contractors, it generates: campus perimeter and road buffer planting programs, stormwater pond vegetation management, parking lot island and shade tree maintenance, and multi-year grounds upkeep contracts under facility management firm agreements. Meta’s expansion construction and ongoing facility grounds represent some of the most creditworthy institutional grounds work available in central New Mexico.

Invoice factoring versus MCA for Meta grounds work: Meta Los Lunas GC draw invoices from established subcontract relationships can typically be factored at 2–4% of face value over 45–60 days. An MCA advancing $50,000 at a 1.26 factor rate costs $13,000; factoring a confirmed $50,000 Meta-subcontract invoice at 3% over 45 days costs $1,500. Always price factoring first for institutional receivables.

Oracle/Stargate Project Jupiter — Santa Teresa

Oracle’s Project Jupiter, part of the broader OpenAI/SoftBank Stargate initiative, is developing a 1,400-acre data center campus in Santa Teresa, Doña Ana County, near the New Mexico–Texas border. Construction was visible on-site as of 2026, with parking and foundation structures progressing. This is one of the largest planned data center campuses in the Mountain West. Landscaping subcontractors positioned on the construction GC tier will see large institutional milestone payments on net-30/45 billing — a factoring candidate rather than MCA for confirmed receivables. The Las Cruces landscaping market (Doña Ana County’s commercial center) is the nearest established operator base for this campus.

Santa Fe: High-End Residential, Tourism, and Stucco-Adobe Character

Santa Fe is New Mexico’s second-largest market by landscaping contractor revenue, though the work is structurally different from Albuquerque. The dominant surface material in Santa Fe is adobe and stucco — and the dominant landscaping aesthetic is Territorial New Mexico: xeriscaping with native grasses, chamisa, penstemon, Apache plume, blue grama, and ornamental grasses rather than conventional turf. High-end properties in the Eastside, Canyon Road corridor, and Tesuque valley run landscaping contracts with annual values significantly above Albuquerque metro equivalents per square foot.

The tourism-hospitality sector adds institutional grounds demand: the Four Seasons Resort Rancho Encantado, the Bishop’s Lodge, Ten Thousand Waves, La Fonda on the Plaza, and dozens of boutique hotels and vacation rental compounds require consistent professional grounds programs. Most hospitality-sector grounds contracts are multi-year and billed monthly — a favorable MCA repayment pattern.

Santa Fe receives more precipitation than Albuquerque (approximately 13 inches annually), and the growing season at 7,000 feet elevation (USDA Zone 6b) runs approximately 160–170 frost-free days — shorter than Albuquerque (Zone 7b/8a, ~200 frost-free days) but long enough for a full commercial landscaping season. Snow is a meaningful winter revenue source in Santa Fe for operators who retain commercial snow management contracts: the city receives approximately 25 inches of snow per year, and commercial property snow management contracts run November through March.

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How ACH-Based MCAs Work for New Mexico Landscapers

New Mexico landscaping revenue flows primarily by check and ACH transfer — commercial contract payments from property management companies, institutional GCs, and HOA management firms. ACH-based (bank-statement) programs are the standard MCA structure: the funder reviews 3–6 months of business bank statements, calculates average monthly deposits, and structures repayment as either a holdback percentage of daily deposits or a fixed daily ACH debit.

For an Albuquerque landscaping company averaging $25,000 in monthly deposits:

Advance Amount	Factor Rate	Total Repayment	Daily ACH (est.)
$12,000	1.22	$14,640	~$120/day over ~120 days
$25,000	1.27	$31,750	~$212/day over ~150 days
$50,000	1.33	$66,500	~$333/day over ~200 days

These are illustrative. A holdback structure (percentage of daily deposits rather than a fixed daily ACH) is more appropriate for seasonal New Mexico operators: when monsoon-season deposits dip in August, the holdback shrinks proportionally rather than continuing to pull a fixed amount regardless of revenue.

New Mexico’s landscaping season. The Albuquerque metro outdoor growing season runs roughly March through November (USDA Zone 7b/8a; approximately 200 frost-free days at 5,300 feet elevation). Active exterior landscaping installation — the highest-revenue category — runs April through October, with November used for winterization, dormant seeding, and drip system blowouts. Santa Fe’s season is compressed by elevation: approximately 160–170 frost-free days, active exterior work April through September, winterization October through November.

Monsoon season (July–September): Unlike northern states where summer is peak mowing season, New Mexico’s July–September window brings the North American monsoon — afternoon thunderstorms across Albuquerque, Santa Fe, and the Rio Grande corridor. Installation work typically shifts to morning starts (5–11 AM) to avoid afternoon storms; deposit patterns in July–August may dip even for strong operators. Annotate monsoon-season bank statements when presenting to underwriters — the dip is a structural scheduling constraint, not a revenue problem.

Timing: Apply for MCA after your strongest deposit months — May, June, or early October against a strong summer — not in January–February when deposits are minimal. An October application locks in the rate derived from your peak-season statements; that advance can be drawn in April for spring activation.

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Regulatory and Compliance Context

No MCA Disclosure Law

New Mexico has not enacted a commercial financing disclosure law applicable to merchant cash advances as of 2026. No statute requires any MCA provider to disclose a factor rate, APR, total repayment amount, holdback percentage, or standardized financing summary before closing. The burden of calculating the true cost falls entirely on you.

Demand in writing before signing: the factor rate, the total repayment amount in dollars, the holdback or remittance percentage, the estimated daily or weekly ACH debit, and all origination, broker, and administrative fees. Run those numbers through the MCA calculator to produce an APR you can compare against equipment loans, SBA alternatives, or invoice factoring.

State	MCA Disclosure	COJ Status	Min Wage 2026
New Mexico	None	§§ 39-1-16/-17/-18: voids pre-signed COJ AND bars enforcing out-of-state cognovit judgments; only ordinary forum-selection litigation survives	$12.00/hr ($13.01/hr Las Cruces)
Arizona	None	A.R.S. § 44-143: partial (pre-execution only); OH/UT/NJ forum clauses bypass	$15.15/hr
Nevada	None	NRS 17.090: fully permitted; no court protection	$12.00/hr
Colorado	None	Courts disfavor cognovit clauses; no statute; OH/NJ forum gap	$14.42/hr
Utah	SB 183: total cost required, no APR	COJ permitted under § 78B-5-205; OH/NJ/UT forum enforceable	$7.25/hr
Montana	None	§ 28-2-709: contractual COJ void; OH/NJ forum risk via UEFJA	$10.85/hr

Confession of Judgment: New Mexico Blocks Both Pre-Signed AND Out-of-State COJ

New Mexico has one of the strongest anti-confession-of-judgment regimes in the country — and, unusually, its protection reaches judgments entered in other states:

• NMSA § 39-1-16 (contracts providing for confession of judgment before a cause of action accrues, prohibited) voids any contractual provision authorizing confession of judgment before a cause of action has accrued. A pre-signed MCA cognovit note is unenforceable in every New Mexico district court.
• NMSA § 39-1-17 (execution of foreign judgment based upon confession of judgment, prohibited) bars enforcement in New Mexico of a judgment entered in another state that rests on a confession of judgment.
• NMSA § 39-1-18 defines a “cognovit note,” makes procuring or executing one a misdemeanor, and makes it unlawful to recover upon or enforce within New Mexico any judgment obtained in another state that is based on a cognovit note.

Together, §§ 39-1-17 and 39-1-18 close the loophole that guts COJ protection in most states. In Colorado or Montana, a provider can confess judgment against you in an Ohio court (ORC § 2323.13 authorizes cognovit notes with no prior notice to the debtor) and then domesticate that Ohio judgment at home under the Uniform Enforcement of Foreign Judgments Act. New Mexico statute expressly prohibits that move: a foreign judgment “based upon confession of judgment” or a “cognovit note” is not enforceable here, and attempting to enforce one is a misdemeanor. That is stronger protection than Arizona’s single § 44-143 pre-execution restriction or Montana’s single § 28-2-709 ban, and the opposite of Nevada, which permits pre-signed COJ under NRS 17.090.

The residual risk — an ordinary forum-selection clause. What §§ 39-1-16 through 39-1-18 do NOT eliminate is a garden-variety forum-selection clause requiring you to litigate a normal, contested dispute in Ohio or New Jersey. If the provider actually sues you there — with notice and service — litigates, and wins an ordinary judgment, that judgment is not “based upon a confession of judgment,” so it can be domesticated in New Mexico under UEFJA like any other. New Mexico’s statutes neutralize the no-notice cognovit shortcut; they do not relieve you of a contractual obligation to defend a real lawsuit far from home. (Whether a sister-state cognovit judgment must nonetheless be honored under the federal Full Faith and Credit Clause is contested nationally; New Mexico’s statute puts it squarely on the unenforceable side.)

Before signing any MCA, search the full contract for “confession of judgment,” “cognovit,” “warrant of attorney to confess judgment,” and “consent to entry of judgment.” Read the governing-law and forum-selection clause — an Ohio or New Jersey venue means you could be forced to defend a lawsuit out of state even though a no-notice cognovit judgment could not be enforced against you here. For advances above $50,000, have a New Mexico business attorney review the agreement. See confession of judgment in MCA contracts.

Licensing and Credentials for New Mexico Landscapers

New Mexico has no dedicated landscape contractor license class at NMCID. Whether you need a state credential depends entirely on what scope your company performs.

Maintenance-only operators (no state license required): If your company does mowing, pruning, mulching, weeding, and planting without irrigation installation, concrete hardscaping, or significant grading, you are not under NMCID jurisdiction. No state contractor credential is required for pure maintenance scope. This is one of the lightest regulatory environments for maintenance work in the Southwest.

Irrigation and sprinkler installation — NMCID MS-6 Lawn Sprinklers: The MS-6 license is required for any company installing, altering, repairing, or maintaining potable water irrigation or sprinkler systems — including drip irrigation system installation, trenching, backfill, backflow prevention device installation, and associated low-voltage electrical controls (under 24V). MS-6 requires two years of documented trade experience. The licensing threshold is $7,200 combined labor and materials — irrigation installation on any commercial site will easily exceed this. Verify current MS-6 requirements, experience documentation forms, and application fees at rld.nm.gov/cid or (505) 476-4700.

Concrete hardscaping — NMCID GS-4: Concrete patios, walkways, driveways, or retaining wall footings as part of landscape scope require the GS-4 concrete specialty license.

Major grading and earthmoving — NMCID GS-8: Significant site grading, excavating, or earthwork as part of a landscaping project requires the GS-8 Earthmoving/Excavating/Ditching license.

Commercial Pesticide Applicator License — New Mexico Department of Agriculture (NMDA): Any landscaping company applying herbicides, pesticides, or fertilizers commercially must hold an NMDA Commercial Pesticide Applicator license. Requirements: pass the National Core Exam plus at least one applicable category exam. Fees: $100 initial application; $75 annual renewal (due January 31 each year; $150 late renewal fee). Continuing education: 4 general CEUs per year. Insurance: $25,000 bodily injury / $25,000 property damage for ground-applied commercial pesticide work. Applications and current category list: nmda.nmsu.edu; Agricultural and Environmental Services Division, (575) 646-2133.

Local business licenses: The City of Albuquerque requires contractor registration through the Development Services Division. Rio Rancho, Santa Fe, Las Cruces, and other municipalities have their own registration requirements. Verify city-specific requirements before beginning operations in each jurisdiction.

For MCA underwriting, a current NMCID license (MS-6, GS-4, or GS-8) and an active NMDA pesticide applicator credential are meaningful positive signals — underwriters can verify both in publicly searchable databases. Include license certificates, NMDA credentials, GL insurance binder, and current WC certificate in any MCA application package.

Workers’ Compensation

New Mexico operates a private-market workers’ compensation system — NM Mutual serves as the state-backed carrier of last resort, with private carriers including Hartford, Travelers, CNA, and others competing in the market. This is not a monopolistic state like Wyoming or Washington.

Two thresholds apply depending on scope:

• NMCID-licensed contractors (MS-6, GS-4, GS-8 holders): Must carry workers’ compensation from the first employee, with no three-worker minimum. Any contractor required to hold a Construction Industries License is subject to the lower threshold under NMSA § 52-1-6.
• Maintenance-only operators (no NMCID license): Subject to the standard three-employee threshold under NMSA § 52-1-2. WC is mandatory once three or more employees are on payroll.

In practice, most commercial landscaping companies doing irrigation installs or hardscape carry WC from day one — the MS-6 license requirement brings the lower threshold with it. The moment your scope expands from pure maintenance to any irrigation or hardscape installation, verify your WC obligation with NM WCA before hiring.

NCCI classification codes for landscaping: 0042 (landscape gardening), 0161 (landscape work and drivers). New Mexico uses private-carrier NCCI rates — verify current premiums with NM Mutual (nmmutual.com; (505) 345-7260) or your carrier of choice.

Contact: New Mexico Workers’ Compensation Administration (workerscomp.nm.gov; (505) 841-6000).

Prevailing Wage and Minimum Wage

New Mexico state prevailing wage applies to publicly funded work at $60,000 or more (Public Works Minimum Wage Act, NMSA §§ 13-4-10 to 13-4-17). A June 2025 amendment extended coverage to IRB-financed projects, meaning Intel Rio Rancho construction funded through Sandoval County industrial revenue bonds and Meta Los Lunas work funded through Valencia County IRBs are within prevailing wage scope. Contact the New Mexico Department of Workforce Solutions (NMDWS, dws.state.nm.us) for current prevailing wage schedules by trade and county before bidding any public grounds project above $60,000.

Federal Davis-Bacon applies at $2,000 on all federally funded construction, including LANL capital improvements (Triad National Security, DOE/NNSA), Sandia National Laboratories (NTESS, DOE/NNSA), Kirtland AFB grounds maintenance contracts, and Intel Rio Rancho work receiving CHIPS Act federal funding. Davis-Bacon requires certified weekly payroll submission, making federal project cash flow lumpier than commercial billing — weekly payroll goes out before federal draw milestones clear, creating the primary short-term cash-flow gap that favors government-contract invoice factoring over MCA.

Minimum wage: New Mexico state minimum wage is $12.00/hour as of January 2026. Las Cruces city minimum is $13.01/hour (CPI-indexed). Albuquerque’s minimum matches the state floor at $12.00/hour.

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When MCA Makes Sense for New Mexico Landscapers — and When It Doesn’t

Legitimate New Mexico MCA Use Cases

Xeriscape install contract mobilization: You win a signed $45,000 xeriscape installation contract for a Rio Rancho HOA — native plant palette, drip irrigation, decomposed granite. Plant material procurement, drip components, and crew activation cost $18,000 before the first invoice clears. The repayment source is a confirmed signed contract. This is a rational MCA bridge sized to the specific gap, not a general working-capital draw.

Rebate-gap bridge on ABCWUA turf removal programs: Albuquerque Bernalillo County Water Utility Authority rebate checks arrive 4–8 weeks after inspection, after the installation is complete and invoiced. Clients often split payment: partial payment before install, remainder upon rebate receipt. An MCA sized to cover the rebate-wait period between final invoice submission and customer payment has a defined repayment window.

Spring startup for multi-year commercial maintenance contracts: A Santa Fe landscaping company with confirmed annual grounds contracts worth $120,000 across four hospitality properties needs $25,000 in April for crew onboarding, early-season plant replacement, and equipment servicing. The forward revenue is documented; the timing gap is structural.

Emergency equipment replacement mid-season: A commercial mower breakdown during Albuquerque’s May–June installation peak costs the account. Funding a replacement in 24–48 hours at MCA rates is defensible against the cost of losing a multi-month commercial grounds contract.

When MCA Is NOT the Right Tool

Confirmed institutional receivables: Any confirmed invoice from Intel Rio Rancho prime contractors, Meta Los Lunas GC accounts, Oracle/Stargate Santa Teresa construction managers, University of New Mexico facilities management, City of Albuquerque parks and recreation, or Sandia/LANL prime contractors is a factoring candidate — not an MCA justification. Factor first, at 1–4% of invoice face value over 30–60 days, before pricing any MCA advance.

Planned equipment purchases: Commercial mowers, irrigation install trucks, drip system stocking rigs, trailers, and excavators are equipment-loan candidates at 6–18% APR over 36–60 months — dramatically cheaper than any MCA for the same capital need. Equipment lenders process in 2–5 business days for established operators.

Revenue gaps without confirmed forward contracts: An MCA does not fix a seasonality problem. If summer monsoon revenue has softened and there are no signed contracts to repay the advance from, MCA converts a business problem into a debt problem. Consult the NM SBDC network before taking MCA in a distress scenario.

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Related Guides

• MCA for New Mexico businesses — state overview — NM’s no-disclosure law, NMSA § 39-1-16 three-layer COJ ban, Permian Basin oil-and-gas, LANL/Sandia federal ecosystem, Intel/Meta/Oracle market hooks
• MCA for Electrical Contractors in New Mexico — EE-98 NMCID license, CHIPS Act federal billing, COJ forum risk, LANL/Sandia invoice factoring
• MCA for Plumbing Contractors in New Mexico — NMCID MM-1 license, Permian Basin oil and gas, prevailing wage at $60K
• MCA for Roofing Contractors in New Mexico — NMCID specialty license, monsoon-hail surge, COJ three-layer ban
• MCA for Painting Contractors in New Mexico — No state painting license (GS-19 repealed 2016), Santa Fe HDRB color-approval gaps, Meta/Intel/Oracle data-center demand
• MCA for Landscaping in Arizona — AZ ROC C-21/R-21 license required, inverted season (October–May HOA peak), AZDA Ornamental & Turf, $15.15/hr minimum wage, TSMC campus grounds
• MCA for Landscaping in Colorado — No statewide landscape license, SB 23-178 xeriscape HOA conversion law, Front Range HOA belt, no state prevailing wage
• MCA for Landscaping in Utah — DOPL S330 trade license, SB 183 disclosure (total cost required), xeriscape conversion pipeline, Silicon Slopes commercial grounds
• MCA for Landscaping in Nevada — AB 356 turf removal mandate (commercial turf out by Dec 31, 2026), NSCB C-10 license, COJ fully permitted under NRS 17.090
• MCA for Landscaping in Texas — H-2B pre-season bridge, HOA-dense DFW/Houston suburbs, TDLR irrigator and TDA pesticide licenses, HB 700 disclosure
• MCA calculator — convert any factor rate to a true APR
• MCA vs. invoice factoring — when factoring beats MCA for institutional receivables
• Confession of judgment in MCA contracts — why New Mexico’s §§ 39-1-16/-17/-18 block the OH/NJ cognovit shortcut, and what an ordinary forum-selection clause still exposes you to

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Sources: New Mexico Construction Industries Division (NMCID) — Construction Industries Licensing Act, NMSA 1978 § 60-6B; license lookup and class verification at rld.nm.gov/cid, (505) 476-4700. New Mexico Department of Agriculture (NMDA) — Commercial Pesticide Applicator licensing, nmda.nmsu.edu, (575) 646-2133. New Mexico Workers’ Compensation Administration — workerscomp.nm.gov, (505) 841-6000; NM Mutual Casualty Company — nmmutual.com, (505) 345-7260. COJ statutes: NMSA § 39-1-16, § 39-1-17, § 39-1-18; Ohio cognovit-note statute ORC § 2323.13; Uniform Enforcement of Foreign Judgments Act (NM). New Mexico Public Works Minimum Wage Act — NMSA 1978 §§ 13-4-10 to 13-4-17; June 2025 amendment extending to IRB-financed projects. New Mexico minimum wage — $12.00/hr (state, January 2026); Las Cruces $13.01/hr (city CPI-indexed). Federal Davis-Bacon and Related Acts — 40 U.S.C. §§ 3141–3148. Intel Rio Rancho CHIPS Act award — U.S. Commerce Department announcement, November 2024; Intel’s $7.86B national award, up to $500M NM allocation; Advanced Packaging Manufacturing Program; approximately 700 manufacturing and 1,000 construction jobs (verified per prior NMCID electrical page research). Meta Los Lunas — eight completed buildings, approximately 3.8M sq ft, $2B+ to date; $800M 2026 AI expansion approved by Los Lunas Village Council (per prior NM electrical and painting page research). Oracle/Stargate Project Jupiter — Santa Teresa, Doña Ana County, 1,400-acre campus (per prior NM painting page research). Albuquerque Bernalillo County Water Utility Authority (ABCWUA) xeriscape rebate program — abcwua.org. NM SBDC network — nmsbdc.org. SBA New Mexico District Office — 500 Gold Ave SW, Suite 11200, Albuquerque, NM 87102; (505) 248-8225. Licensing requirements, wage rates, and regulatory details change — verify current requirements directly with NMCID, NMDA, NM WCA, and NMDWS before relying on this guide. This is general information, not legal or financial advice. Consult a New Mexico business attorney before signing any commercial financing agreement containing a confession-of-judgment clause or Ohio/New Jersey governing-law clause.