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Loans and GuaranteesThe BFA recognizes that small businesses are particularly important to the state's economy and works in cooperation with New Hampshire banks to provide loan guarantees to help keep small companies going and growing. Credit enhancement initiatives, such as the Capital Access Program (CAP), the Guarantee Asset Program (GAP) and the Working Capital Line of Credit Guarantee (WAG), are designed to enable small businesses that do not qualify for conventional bank financing to access credit. Working in conjunction with the U.S. Small Business Administration (SBA) the BFA provides loan guarantees for SBA eligible companies whose financing needs exceed the SBA's capacity. The BFA also offers several programs to assist cities, towns, and local and regional economic development organizations (ALD),
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