Loan Enhancement Program (New Hampshire)

From Open Energy Information


Last modified on February 12, 2015.

EZFeed Policy

Place New Hampshire


Applies to States or Provinces New Hampshire
Name Loan Enhancement Program (New Hampshire)
Policy Category Financial Incentive
Policy Type Loan Program
Affected Technologies Biomass/Biogas, Energy Storage, Fuel Cells, Hydroelectric (Small), Natural Gas, Solar Photovoltaics, Wind energy
Active Policy Yes
Implementing Sector State/Province














Program Administrator New Hampshire Business Finance Authority
Primary Website http://www.nhbfa.com/BLEP.html


Last Review 2014-09-15



Summary

The Loan Enhancement Program enables bank and other lending institutions to provide up to 90% fixed asset financing by guaranteeing that the portion of the loan exceeding the bank’s lending guidelines. The BFA will guarantee the portion of the loan over the bank’s lending limits, with a maximum guarantee of $250,000 or 20% of the project cost. To be eligible businesses must have at least 25 employees and display proof of adequate cash flow.


Policy Contact

Department New Hampshire Business Finance Authority



Phone (603) 415-0190


Email BrendaP@nhbfa.com


















References