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.

Eddie Sargent, owner of Pressed for Time, an REDC client.

We're here to help your business succeed with alternative lending.

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.

General Uses

Working Capital

Equipment Acquisition

Inventory

Renovating

Construction

LOAN RANGE

$5,000 - $500,000

INTEREST RATES

as low as 7%

Financial Services
Accounting / Bookkeeping
Website / Logo Design
Marketing

BUSINESSES

COUNSELED

OVER 1,000

 

Schedule a meeting with a REDC business advisor to learn more about our loan programs.

Type of Business

Thank you for your inquiry. An REDC staff member will be in touch shortly.

Request an Appointment

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.

Please meet with an REDC Business Advisor prior to completing an application. 

REDC President Laurel Adams standing with new loan clients.

Revolving Loan Fund

Loan Range:

$50,000 to $500,000

Location:

Rockingham or Hillsborough Counties

Company Type:

Start Up or Existing Business

REDC loan client

Micro-Loan Fund

Loan Range:

$5,000 to $50,000

Location:

Statewide

Company Type:

Start Up or Existing Business

REDC President Laurel Adams standing with new loan clients.

NH New Americans Loan Fund

Loan Range:

$5,000 to $50,000

Location:

Statewide

Company Type:

Start Up or Existing Business

belonging to a first generation immigrants

Mill Building that was a Brownfields site.

Brownfields Fund

Loan Range:

$50,000 to $500,000

Location:

Rockingham or Hillsborough Counties

Company Type:

Start Up or Existing Business looking to utilize funding for cleaning up a contaminated area,(a Brownfields site)

REDC loan clients

Derry Revolving Loan

Fund

Loan Range:

$5,000 to $50,000

Location:

Derry, NH

Company Type:

Start Up or Existing Business 

located in Derry, NH

 

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.”

Bijoux Bahati, Co-owner

Foresight Tax Services

“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.”

Carl Soderberg, Owner 

Able Ebenezer Brewing Company

“Looking for financing for a start-up in the middle of a financial crisis was an extremely challenging task. If it weren’t for REDC I don’t think we could have started the practice of our dreams. It is a wonderful feeling to be where we are today, five years in with all of our start-up loans paid off and positive growth every year since we opened. Thanks to REDC we are achieving freedom and prosperity that we aren’t sure would have been possible were we not introduced to them.”

 

Philip Szalowski, Co-owner

Broadway Chiropractic

“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.”

John Stabile, Owner

The Stabile Companies