BUSINESS FINANCE AUTHORITY NOTICE AND AGENDA
The regular meeting of the Board of Directors is scheduled for Monday, December 15, 2025, at 2:00 PM, 135 N. State St, Concord, New Hampshire.
- Approval of Board of Director Nonpublic and Public Minutes for November 17, 2025
- Nonpublic Session for Consideration of Loan and Credits, as applicable.
- Approval of Items and Associated Resolutions from nonpublic session, as applicable.
- Financial Reports– Chris Kreidermacher – Month End November
- Lending Reports November – Jeremy Stanizzi – CAP Monthly, CAP Statistics/Demographics, Capacity Report, Quarterly Report – September
- Executive Director’s Report
- Other Business
Date mailed: December 10, 2025
Business Finance Authority December 15, 2025 Concord, New Hampshire
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, Matthew Benson, Stephen Duprey, Monica Mezzapelle, Vikram Mansharamani , Catherine Provencher, Todd Horner, and Daniel Henderson. Also present were: James Key-Wallace, Executive Director and Clerk; Jeremy Stanizzi, Senior Credit Officer; Jeff Cook, Credit Analyst, Chris Kreidermacher, Chief Financial Officer; Deborah Intonti, Executive Assistant; John Stoecker, National Finance Authority and Chelsea Tryder, Hinkley Allen, Representative Brian Cole (late 2:15 p.m.), Senator Murphy (late 2:15 p.m.), Representative Gary Daniels (late 2:15 p.m.).
Absent were: Director Cheryl Coletti-Lawson, Senator Innis
Chairman Anagnost announced the meeting was open to the public and welcomed all present.
The Chairman asked for approval of the public and nonpublic Board of Directors minutes for the November 17, 2025.
Upon motion made by Director Provencher and seconded by Director Duprey the following action was voted on:
VOTED: To accept the public and nonpublic minutes as presented for November 17, 2025, Board Meeting.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Monica Mezzapelle, Catherine Provencher, Dan Henderson, Todd Horner, Vikram Mansharamani, Stephen Duprey.
Nay: None.
Abstain: None
Whereupon the Chairman declared said minutes adopted.
NONPUBLIC SESSION
At 2:04 p.m. the Board entered into a Nonpublic Session under RSA 162-A:7-10 and RSA 162-A:13 (h) Consideration of applications by the Business Finance Authority, where consideration of confidential, commercial, or financial information that is exempt from public disclosure; and matters which if discussed in public, would likely affect adversely the reputation of any person, other than a member of the public body itself.
Upon motion to go into a nonpublic session made by Director Duprey and seconded by Director Mezzapelle, the following roll call vote was taken to enter:
Stephen Duprey Yes
Matthew Benson Yes
Monica Mezzapelle Yes
Catherine Provencher Yes
Daniel Henderson Yes
Todd Horner Yes
Dick Anagnost Yes
Vikram Mansharamani Yes
Nay: None
Abstain: None
PUBLIC SESSION RESUMED AT 2:13 p.m.
Chairman Anagnost asked for a motion to return to public session. A motion was made by Director Henderson and seconded by Director Duprey.
The following named Directors voted:
Aye: Dick Anagnost, Stephen Duprey, Matt Benson, Monica Mezzapelle Catherine Provencher, Todd Horner, Daniel Henderson, Vikram Mansharamani.
Nay: None
Abstain: None
Chairman Anagnost asked for a motion to seal the nonpublic minutes of December 15, 2025. A motion was made by Director Henderson and seconded by Director Duprey.
The following named Directors voted:
Aye: Dick Anagnost, Stephen Duprey, Matt Benson, Monica Mezzapelle Catherine Provencher, Todd Horner, Daniel Henderson, Vikram Mansharamani.
Nay: None
Abstain: None
The Chairman asked the Board to enter a motion to approve the loan request of an SSBCI funding loan request for ARK HOLDINGS EXETER, LLC or nominee in the amount of $321,500 (under the Collateral Shortfall Program).
Upon motion made by Director Provencher and seconded by Director Henderson, the following action was voted on:
VOTED: To approve the loan request of an SSBCI funding loan request for ARK HOLDINGS EXETER, LLC or nominee in the amount of $321,500 (under the Collateral Shortfall Program).
The following named Directors voted:
Aye: Dick Anagnost, Stephen Duprey, Matt Benson, Monica Mezzapelle Catherine Provencher, Todd Horner, Daniel Henderson, Vikram Mansharamani.
Nay: None
Abstain: None
The Chairman asked Mr. Kreidermacher to review the month end Financial Reports.
The Chairman asked Mr. Stanizzi to review the Lending Reports.
The Chairman asked Mr. Key-Wallace to present the Executive Director’s Report.
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 Mansharamani and seconded by Director Henderson the meeting was adjourned at 2:26 p.m.
The following named Directors voted:
Aye: Dick Anagnost, Stephen Duprey, Monica Mezzapelle, Vikram Mansharamani, Todd Horner, Daniel Henderson, Catherine Provencher, Matt Benson.
Nay: None.
Abstain: None.
Respectfully submitted:
James Key-Wallace, Clerk