BUSINESS FINANCE AUTHORITY NOTICE AND AGENDA
The regular meeting of the Board of Directors is scheduled for
Monday, April 15, 2024, at 2:00PM, 135 N. State St, Concord, New Hampshire.
- Introduction of Board Members.
- Approval of Board of Directors Public/Non-Public Minutes for the Meeting of March 18, 2024.
- Nonpublic Session for Consideration of Loans, as applicable.
- Approval of Loan Items and Associated Resolutions as applicable.
- To consider approving a request from Service Federal Credit Union to execute the standard contract entitled “Capital Access Program Lender Participation Agreement” and to participate in the Authority’s Capital Access Program
- Financial Reports– Chris Kreidermacher.
- Month End March 2024
- March Lending Reports – Jeremy Stanizzi.
- CAP Monthly
- CAP Statistics/Demographics
- Capacity Report
- Executive Director’s Report.
- Other Business.
Dated and mailed: April 10, 2024
BFA BOARD OF DIRECTOR’S MINUTES
The meeting of the Board of Directors of the Business Finance Authority (“BFA”) was called to order at 2:02 P.M. at 135 N. State Street, Concord, New Hampshire. The following Directors were present:
Dick Anagnost, Monica Mezzapelle, Vikram Mansharamani, Catherine Provencher, Jeffrey Hayes, Jason Syversen, and Daniel Henderson. Also present were: James Key-Wallace, Executive Director and Clerk; Jeremy Stanizzi, Senior Credit Officer; Chris Kreidermacher, Chief Financial Officer; Jeff Cook, Credit Analyst; Deborah Intonti, Executive Assistant; John Stoecker, National Finance Authority, Ben Barker, National Finance Authority; Kris Moussette, Hinkley Allen; Senator D’Allesandro. Absent were: Representative Laurie Sanborn Director Matthew Benson, Director Stephen Duprey, Representative Edgar, and Senator Murphy.
Chairman Anagnost announced the meeting was open to the public and welcomed all present.
The Chairman asked for approval of the public Board of Directors minutes for the March 18, 2024.
Upon motion made by Director Provencher and seconded by Director Hayes the following action was voted on:
VOTED: To accept the minutes as presented of March 18, 2024, Board Meeting.
The following named Directors voted:
Aye: Dick Anagnost, Vikram Mansharamani, Monica Mezzapelle, Catherine Provencher, Jason Syversen, Daniel Henderson, and Jeff Hayes.
Nay: None.
Abstain: None
Whereupon the Chairman declared said resolution adopted.
The Chairman asked for approval of the nonpublic Board of Directors minutes for the March 18, 2024.
Upon motion made by Director Provencher and seconded by Director Hayes the following action was voted on:
VOTED: To accept the nonpublic minutes as presented of March 18, 2024, Board Meeting.
The following named Directors voted:
Aye: Dick Anagnost, Vikram Mansharamani, Monica Mezzapelle, Catherine Provencher, Jason Syversen, Daniel Henderson, and Jeff Hayes.
Nay: None.
Abstain: None
Whereupon the Chairman declared said resolution adopted.
The Chairman asked the Board of Directors to consider approving a request from Service Federal Credit Union to execute the standard contract entitled “Capital Access Program Lender Participation Agreement” and to participate in the Authority’s Capital Access Program.
Upon motion made by Director Henderson and seconded by Director Syversen,
VOTED: To approve a request from Service Federal Credit Union to execute the standard contract entitled “Capital Access Program Lender Participation Agreement” and to participate in the Authority’s Capital Access Program.
The following named Directors voted:
Aye: Dick Anagnost, Vikram Mansharamani, Monica Mezzapelle, Catherine Provencher, Jason Syversen, Daniel Henderson, and Jeff Hayes.
Nay: None.
Abstain: None
The Chairman asked Mr. Kreidermacher to review the month end Financial Reports for March.
The Chairman asked Mr. Stanizzi to review the Lending Reports for March.
The Chairman asked Mr. Key-Wallace to present the Executive Director’s Report for April.
The Chairman asked the Board if there was any further business to discuss.
There being no further business, the Chairman asked for a vote to adjourn.
Upon motion made by Director Henderson and seconded by Director Hayes the meeting was adjourned at 2:40 p.m.
The following named Directors voted:
Aye: Dick Anagnost, Vikram Mansharamani, Monica Mezzapelle, Catherine Provencher, Jason Syversen, Daniel Henderson, and Jeff Hayes
Nay: None.
Abstain: None
Respectfully submitted:
James Key-Wallace, Clerk