Financing
The Regional Economic Development Center works in partnership with local lenders, or independently, to help small businesses in New Hampshire secure the funding needed to complete projects leading to job creation. We work closely with entrepreneurs to find the right loan program for them, helping them obtain capital to start or grow their small businesses.
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We're here to help New Hampshire businesses succeed with alternative lending. We aim to assist new and growing businesses that may have barriers to traditional capital. Through a variety of lending programs, we work with our clients to find the best financing program for them.
LOAN RANGE
$5,000 - $1,000,000
INTEREST RATES
as low as 7.75%
GENERAL USES
Working Capital
Equipment Acquisition
Inventory
Renovating
Construction
We also provide free business advising to our loan clients, providing extra support as their business grows. We have seen first-hand how this extra support can make the difference, and our clients know they have resources to turn to when met with a challenge.
BUSINESSES
COUNSELED
OVER 1,000
ADVISING TYPES
Business Planning
Financial Planning
Accounting / Bookkeeping
Website / Logo / Graphic Design
Marketing
Learn more about some of our specialized programs:
Schedule a meeting with a REDC business advisor to learn more about our loan programs.
The time-frame of loan processing at REDC varies based on several factors. The timeline depends on how quickly all the information needed from the client is provided to REDC, and the timing of the REDC Board of Directors loan-review meetings.
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Request an Appointment
“We wouldn't exist without the funding, network, guidance and support of the REDC. Laurel and her staff, such as Laura and Chris, have been instrumental in making our passion a reality. In this sparse economic climate, where the notion of funding a start-up is verboden, the REDC was willing to hear our idea, analyze our plan, and provide the capital and network needed to get us from dreaming and planning to working and building.”
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Carl Soderberg, Owner
Able Ebenezer Brewing Company
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Lending Testimonials
“Connecting with the REDC, trying to get the business off the ground, was like a neighbor helping another neighbor, especially because you know the people locally; you can walk into the office and ask them questions, call them, email them, and Chris [the business advisor]
is always there.”
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Bijoux Bahati, Co-owner
Foresight Tax Services
"Working with Laurel and her team was amazing. They helped us navigate a very tricky and complicated loan to enable us to seize an opportunity at the right time for LaBelle Winery. Wonderful people, excellent service, and very pro-business. Great job!"
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Amy LaBelle
LaBelle Winery
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"REDC has been an instrumental resource for my business development for many years. As my business as grown, they have been able to offer me the depth of services I have needed from business consultation to marketing video development. They have truly been here for me every step of the way!"
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Jennifer Legere
A Place to Grow
“Cotton Mill Square, an historic and low income tax credit project, could only have been possible through the ability to quilt together nine separate funding sources including; 108 funds, CDFA funds, low income tax credits, historic tax credits, to name a few. The cooperation of all these agencies will help in the revitalization of downtown Nashua.”
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John Stabile, Owner
The Stabile Companies
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"REDC has been an instrumental part of our recent success. They have not only assisted us with funding but they have also connected us to the right people to help take our business to the level. They are always available to answer questions and provide guidance with those big business decisions. We love checking in with Chris Duffy to make sure our budgets are on track, as well as to discuss future planning and business growth opportunities. We highly recommend this resource for any entrepreneur who needs an extra push to get to that next step because dreams are possible!"
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Michael Massiglia
Messy Mike's Barbecue & Catering
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