Small Business Loans in New Hampshire

Ready to find success and secure a small business loan? You're in the right place! Our in-house research team of finance experts has compiled this most comprehensive list of business loans for you to find the best option for you. Bad credit and startups acceptable when meeting specific qualifications.

10 Small Business Loans in New Hampshire

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.

1. Credit Suite

Credit Suite operates as a consultancy and software provider in the business credit space, additionally providing a pair of unconventional financing solutions.

Cash Flow Financing is an excellent option for business proprietors who have been operational for a few years and have a basic credit score

This method allows you to utilize your business's cash flow as collateral for securing versatile funding. Instead of fixed monthly repayments, the return is made through a fraction of your business's cash flow.

The Credit Line Hybrid is a financing solution that depends solely on the individual's credit standing, without needing detailed financial reports, bank statements, or business strategies. It is tailored for a wide range of businesses from emerging startups to established companies, with available funding from $5,000 to $150,000. 

Business financing options offered:

  • Credit Suite Cash Flow Financing
  • Credit Suite Credit Line Hybrid

2. TD Bank

TD Bank, a sizable financial institution, operates across the East Coast, with the exception of Georgia. It boasts many retail branches and provides a diverse range of financing options for small businesses. They issue more SBA loans than any other lender in New Hampshire.

 Recognized as an SBA Preferred Lender, TD Bank stands out for its commitment to supporting small enterprises.

The bank offers the convenience of applying for business loans either online or through direct, face-to-face interactions.

Business financing options offered:

  • Term Loans 

  • Business Lines of Credit

  • Commercial Real Estate Loans & Mortgages

  • SBA Loans

  • Revolving Lines of Credit

  • Equipment Financing

  • Asset Based Lending

  • Supply Chain Financing

  • TD Business Solutions Credit Card

3. Service Federal Credit Union

Service FCU is a small credit union in New Hampshire with a normal lineup of small business financing offers. They may be small, but their placement on this list indicates that they do a big volume of small business loans. 

Business financing options offered: 

  • Commercial Mortgages

  • Business Line of Credit

  • Business Credit Card

  • SBA Loans

  • Commercial Vehicle Loans

  • Equipment Financing

4. Bangor Savings Bank

Bangor has diverse business financing offerings and credit cards.

Business financing options offered:

  • Business Complete Overdraft Protection Line of Credit

  • Commercial Real Estate Loans

  • Construction Loans

  • Guaranteed Loan Programs

  • Working Capital Lines of Credit

  • Term Loans and Revolving Equipment Lines of Credit

  • Letters of Credit

  • Tax-Exempt Financing

  • 1 Business credit card

  • Bu

5. St. Mary's Bank

St. Mary's Bank is actually a credit union (despite the name). They are headquartered in New Hampshire and have branches throughout the state.

Business financing options offered:

  • Commercial Real Estate

  • Equipment/Term Loans

  • Lines of Credit

  • Construction Loans

  • 4 Business Credit Cards


6. Northway Bank

Northway is a small bank in New Hampshire with a basic array of small business financing options.

Business financing options offered:

  • Lines of Credit

  • Equipment & Term Loans

  • Commercial Real Estate Loans

  • SBA Loans

  • 4 Business Credit Cards

7. Enterprise Bank and Trust Company

Enterprise offers a wide variety of loans, including ones you don't normally see at most banks. These include: tax credit loans, international letters of credit, 5 types of SBA loans, and ESOP financing.

Business financing options offered:

  • Operating lines of credit

  • Equipment loans

  • Commercial real estate

  • SBA loans

  • Merger and acquisition loans

  • Asset-based loans

  • Tax credit loans

  • International banking and letters of credit

  • SBA Loans - 7a loans, 504 loans, Express, Export Express, CAPLines

  • Commercial Real Estate

  • ESOP Financing

8. Newburyport Five Cents Savings Bank

Newburyport Bank is a small bank in Massachusetts and New Hampshire.

Business financing options offered:

  • Commercial Real Estate Mortgage

  • Term and Equipment Loans

  • Lines of Credit

  • SBA Loans

  • 5 Business Credit Cards

9. Primary Bank

Primary Bank is a small New Hampshire bank with a large array of loans, including many options for real estate investors and builders.

Business financing options offered:

  • SBA 7(a), SBA Express and SBA 504 Loans

  • Working Capital Lines of Credit

  • Equipment Lines of Credit

  • Commercial Real Estate Loans

  • Commercial Construction Loans

  • Acquisition and Development Loans

  • Residential Sub-Division Loans

  • Non-Owner Occupied Multi-Family Loans

  • Non-Owner Occupied 1-4 Family Loans

  • Business Term Loans

  • Guaranteed Loans

10. Woodsville Guaranty Savings Bank

Woodsville is a SBA Preferred Lender that also offers other business loan types. They have physical locations throughout New Hampshire and Vermont. 

Business financing options offered:

  • SBA Loans

  • Term Loans

  • Commercial Real Estate Loans

  • Agricultural Loans

  • Lines of Credit

  • Participation in large commercial and community development projects

How to apply for a small business loan in New Hampshire 

Getting your small business funded doesn't have to be overwhelming, regardless of how many steps may be involved. Let the leading business guides at Credit Suite help you along the way!