Our compilation is the outcome of specialized investigation into small business financing sources within New Hampshire, utilizing concrete evidence. The order reflects the number of small business loans each institution has distributed throughout the current year.
Essentially, the entities featured here are those actively extending the greatest number of loans to small enterprises within the state.
(This is in contrast to numerous other online resources that often focus on non-lending nonprofit organizations and government schemes that are inaccessible to the majority of businesses!)
Takeaway: Local and regional banks do the lion’s share of small business lending in New Hampshire.
Methodology: The foundation of this guide is rooted in SBA 7a loan statistics, ensuring that all listed lenders provide SBA loans. Moreover, we've cataloged every other type of small business financing they advertise on their online platforms.
Traditional banking institutions often set high benchmarks, like requiring strong credit scores and a business history of at least two years.
To counter this, we've highlighted two alternative lending options designed for small business owners facing challenges with poor credit or those who have been in operation for a shorter period.