New Hampshire Business Finance Authority Capital Access Program
The Capital Access Program provides a flexible credit enhancement for New Hampshire small business loans and lines of credit.
About this program
The New Hampshire Business Finance Authority Capital Access Program helps banks and financial institutions provide financing to small businesses across the state by offering a loan-loss reserve credit enhancement. The program can provide a 100% guarantee on enrolled term loans and lines of credit up to $500,000, with enrollment requests submitted by the lender. Eligible businesses must have annual revenues under $5 million, and new businesses must contribute at least 20% cash equity.
Eligibility
New Hampshire small businesses, startups, and nonprofits with annual revenues under $5 million that obtain financing through a participating bank or financial institution.
Requirements
- Business must be located in New Hampshire.
- Business must have annual revenues of less than $5 million.
- Total CAP loan enrollment may not exceed $500,000.