CAP Application "*" indicates required fields Step 1 of 6 - Qualifying Questions 0% 1. Is this a New Hampshire based business?* Yes No 2. Was the prior year revenue less than $5,000,000?* Yes No 3. Does the business have under 500 employees?* Yes No 4. Will proceeds of the loan be used for business purposes?* Yes No 5. Has the business been operating more than 2 years under the current management?* Yes No Businesses which have not been in operation for at least two years under the current management will require 20% cash equity from non-borrowed sources.6. Is the loan being used to refinance existing debt held by your lending institution?* Yes No 7. Does the existing debt held by your institution already have a CAP credit enhancement?* Yes No Congratulations - this looks like a good fit for a CAP credit enhancement. Would you like to enroll the opportunity?* Yes No All CAP enrollments are contingent upon BFA final review.Congratulations - this looks like a good fit for a CAP credit enhancement. Would you like to enroll the opportunity?* Yes No All CAP enrollments are contingent upon BFA final review.It doesn't look like this opportunity qualifies for a CAP credit enhancement, due to the following:The applying business needs to have an operating location in New Hampshire.The applying business must have reported revenue in the prior year less than $5,000,000.The applying business must have less than 500 employees.The proceeds of the loan must be used for business purposes.Refinancing of existing debt held by your lending institution is not eligible for the CAP program, unless the debt being refinanced was already previously enrolled in CAP.Please call the Business Finance Authority at (603) 415-0190 if you would like to discuss your options.Thank you for considering your a BFA CAP credit enhancement. Please call (603) 415-0192 if you have any questions. Lender InformationLender Name* First Last Email* PhoneTitle* Lending Institution* Loan Number Loan InformationLoan Type* Term Loan Line of Credit Length of Loan* Expected Closing Date* MM slash DD slash YYYY Total Gross Principal Amount*Please upload internal credit writeupAccepted file types: pdf, xls, doc, docx, xlsx, Max. file size: 50 MB.CAP Enrollment CoverageAmount Eligible for CoverageIf the borrower already has an existing CAP loan, there is a $500,000 total max guarantee exposure between all loans. Amount Eligible for CoverageIf the borrower already has an existing CAP loan, there is a $500,000 total max guarantee exposure between all loans. CAP Coverage Amount Requested*The principal amount of the loan you are requesting to enroll in CAP.Please enter a number from 0 to 500000.CAP Loan Coverage %*Existing CAP Line of Credit InformationOriginal line of credit amount enrolled in CAP*Total coverage increase (LOC)*Computation of CAP Line of Credit Reserve Payments and Security Deposit:Choose total lender/borrower percentage* 3% 4% Amount of NEW loan proceeds to be covered*Total reserve fund payment*Lender portion*Borrower portion*BFA matching deposit*Existing CAP Term Loan InformationPrevious covered loan amount at the time of enrollment*CAP covered portion of the term loan balance immediately prior to refinancing*Total coverage increase*Computation of CAP Term Loan Reserve Payments and Security Deposit:Total Lender/Borrower Percentage* 3% 4% Amount of NEW loan proceeds to be covered*Total reserve fund payment*Lender Portion*Borrower portion*BFA Security Deposit*Computation of New CAP Loan Fees:Choose Total Lender/Borrower Percentage* 3% 4% Total Reserve Fund Payment*Lender Portion*Borrower Portion*BFA Matching Deposit* Borrower InformationBorrower Legal Name* Year Business Started* Borrower's Prior Year Gross Revenue*Please enter a number from 0 to 5000000.Borrower's Address* Street Address Address Line 2 City ZIP / Postal Code NAICS Code / Industry* Borrower's County*BelknapCarrollCheshireCoosGraftonHillsboroughMerrimackRockinghamStraffordSullivan Employment InformationCurrent Number of NH Employees (Full Time)*Current Number of NH Employees (Part Time)*Estimate of Jobs Created (Full Time)*Estimate of Jobs Created (Part Time)* Additional Amount (if any) Contemporaneously Loaned to BorrowerEmailThis field is for validation purposes and should be left unchanged.
NHBFA Supports GreenSource Fabrication’s New Manufacturing Facility for UHDI PCB Production in New Hampshire Posted On Published 11.18.2024 Posted In Category News
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