HOMELOAN PLANS & GUARANTEESBOND FINANCINGMEETINGSAPPLICATIONSCONTACT US

  • The line of credit not guaranteed may not exceed $2,000.000.00
  • The line of credit must be secured with accounts receivable, inventory and/or fixed assets, acceptable to the lending institution and the BFA
  • The borrowing base for the line of credit may not exceed 90% of accounts receivable and 60% of inventory
  • The BFA will work with the banks to insure that their policies, practices, and guidelines in regard to line of credit accepted by BFA
WAG I Working Capital Line of Credit Guarantee
In keeping with the Business Finance Authority's philosophy of helping New Hampshire business grow and prosper, a program has been created to help companies obtain working capital. The Working Capital Line of Credit Guarantee (WAG) program allows participating banks or lending institutions to receive a guarantee of up to 75% for a working capital line of credit, not to exceed $2,000,000.00

The line of credit must be secured with accounts receivable, inventory and/or fixed assets acceptable to the participating bank and the BFA. The borrowing base may not exceed 90% of qualifying accounts receivable and 60% of inventory.

To be eligible for a WAG loan of over $500,000.00 a New Hampshire company must have at least 25 employees. There is no employment requirement for loans of less than $500,000.00

To find out more about the Business Finance Authority's Working Capital Line of Credit,
contact us at (603) 415-0190.
Eligibility
Eligibility
How To Apply
Rochester Shoe Tree Co., Ashland, NH
Rochester Shoe Tree Co. Products
CAPWAGGAPLDOBLEPBusiness Energy Loan

  • The business applies for a Working Capital Line of Credit through a participating bank
  • All requests for guarantees are submitted by the bank or financial institution to the BFA
  • All guarantees must receive approval from the BFA and authorization from the Governor and Council of the State of New Hampshire
  • Up to 1% of the loan amount is due at closing
  • A fee of up to 2% of the loan amount is due annually and is paid in arrears
Eligibility
Fees
BFA GUARANTEE REQUEST               APPLICATION FEE
$0 - 200,000                                            $250
$200,001 - 1,000,000                              $400
$1,000,001 - 2,000,000                           $600
Palmer & Sicard Mechanical Systems
Exeter, NH
J-PAC, Somersworth, NH