An important part of the Business Finance Authority's mission is to provide financing alternatives for small New Hampshire companies considered to have more than conventional risk.


The Capital Access Program (CAP) allows these businesses, which are typically starting-up or expanding, to obtain loans of up to $200,000 through participating banks. The program is open to both existing and new companies with annual sales of less than $5 million.

The BFA recognizes that banks often face higher risks with loans to emerging or thinly capitalized companies, so it has created CAP, a program that gives banks incentives to issue small business loans by establishing a loan-loss reserve, known as the CAP Fund. Businesses interested in obtaining a loan through CAP must apply through a participating bank.

CAP is open to all New Hampshire banks.
Please contact the BFA at (603) 415-0190 or consult this list of participating banks in your area.




  • The business must have annual revenues of less than $5 million
  • The total loan enrollment may not exceed $200,000
  • New businesses must contribute 20% cash equity into start-up costs


  • The business applies for a CAP loan through a participating bank. A list of participating financial institutions is available on the BFA site (see above link)
  • All decisions regarding eligibility of the business are made by the lending institution
  • At closing, the business, the bank, and the BFA make a non-refundable contribution to the CAP Fund


  • Upon determination by the lender, the business will be required to deposit 2.25% or 3% of the eligible portion of the loan amount to the CAP Fund
  • The lender will be required to deposit between .75% and 1% of the total loan amount into the CAP Fund
  • The BFA will contribute 2.5 times the combined financial institution and business contribution, not to exceed 10% of the total loan amount to the CAP Fund