NH BFA Loan Guarantees
Administers Credit enhancements NH lenders financing growth-stage companies not a grant.
NH BFA Loan Guarantees is the New Hampshire Business Finance Authority's credit enhancement program for lenders financing growth-oriented companies. It sits under the same state finance umbrella as the Innovation Research Center and is aimed at helping lenders extend larger or longer-term credit than they would otherwise place on their own balance sheet. The program uses loan guarantees, not grants. Term loans can receive up to 90% guarantee without a dollar cap, while lines of credit can receive up to 75% guarantee up to $2 million. The route is rolling, requires at least 20 employees, and typically runs through a participating lender before final approval by the BFA board and the Governor and Executive Council. A 1% annual guarantee fee applies. It is best suited to established New Hampshire companies with collateral, lender support, and an operational growth plan. Early startups are a weak fit because the program is built around credit quality and bankable repayment capacity.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.