Candia, NH – July 1, 2025– Charmingfare Farm, one of New Hampshire’s most cherished family destinations and working farms, has been approved for a $50,000 working capital line of credit under the New Hampshire Business Finance Authority’s (BFA) Capital Access Program. This vital funding will help the farm continue its day-to-day operations after an exceptionally challenging weather season.
For over 40 years, Charmingfare Farm has been a cornerstone of the Candia community, offering agricultural education, animal exhibits, seasonal events, and memorable experiences for families. The farm also plays an integral role in regional fairs, weddings, company events, and holiday festivities.
“This support is crucial in helping us stabilize our operations and continue offering the experiences that families have come to love,” said John Pyteraf, owner of Charmingfare Farm. “Severe weather caused unexpected cleanup and repair expenses, and this funding, backed by the BFA and BankProv, gives us the flexibility we need to weather this storm and move forward.”
Early in 2024, storms devastated the property, downing more than 50 pine trees and damaging fences and buildings. The subsequent heavy rains during spring temporarily reduced visitor attendance.. The new working capital line will provide a necessary cushion while preparing for the busy holiday season.
“The BFA is pleased to support enduring New Hampshire businesses like Charmingfare Farm,” said James Key-Wallace, Executive Director of the BFA. “Our Capital Access Program is designed to make working capital more accessible and help businesses like Charmingfare Farm recover and thrive for many more generations.”
This loan was made possible through a collaboration with BankProv, which partnered with the BFA to offer funding under the Capital Access Program (CAP). CAP, successfully managed by the NH BFA for over 30 years without the use of taxpayer funds, is a public-private initiative aimed at reducing lending risk and enabling small businesses to access the financing they need to grow and succeed.
For more information on the BFA’s Capital Access Program, visit www.nhbfa.com.
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