fixed-rate loans for providers

We lend to child care and early education programs, especially those serving low- and moderate-income communities. We understand the business and will work with you to strengthen and grow your program.

Eligibility
  • Nonprofit and for-profit child care organizations and Head Start programs serving children and families with low- and moderate-incomes or with special needs
  • Center- or home-based child care programs licensed (or about to be licensed) by the state's Child Care Licensing Unit.
Purposes
  • Purchase, build, expand, renovate or improve buildings
  • Fulfill state licensing requirements by making related improvements
  • Energy or accessibility improvements
  • Leasehold improvements (in circumstances where the improvements can be matched to lease terms)
  • Meet short-term cash flow or timing needs where there is a designated source of repayment
  • Restructure debt or other financial obligations to improve an organization’s long-term viability.
Terms

Loan terms are typically matched to suit a project, but general terms are as follows:

  • 1-20 years
  • Fixed rates (contact us for current rate)
  • 1% origination fee
  • Legal and associated closing costs paid by borrower
Criteria
  • Benefit to families with low and moderate incomes. Particular focus on organizations that serve families on the state child care scholarship program.
  • Long-term benefit and social impact
  • Ability to repay the loan
  • Other financial support
Approval

Loan requests are analyzed and recommended to the Community Loan Fund’s Loan Review Committee.

Successful applicants are mailed a commitment letter outlining the terms of the loan for their review and signature.

To apply

Contact Community Services Lender Chuck Gilboy. If your project is eligible, we’ll work with you on your application and on assembling any needed materials.

News sign up for our newsletter

New Hampshire Community Loan Fund
7 Wall Street, Concord, NH 03301
603-224-6669 fax 603-225-7425

Email info@communityloanfund.org

© 2010-19 New Hampshire Community Loan Fund. All rights reserved. New Hampshire Community Loan Fund Inc. is an equal opportunity provider and employer. NMLS ID 253893. Licensed by the New Hampshire Banking Department. Equal Housing Lender. Privacy policy.

ROC USA Opportunity Finance Network Aeris Rated CDFI Equal Housing Lender

Email is not a secure form of communication. Please do not use email to send any confidential or sensative information, including Social Security numbers, account numbers or passwords. If you need to provide this type of information to the New Hampshire Community Loan Fund, contact us by phone at (603) 224-6669, by fax at (603) 225-7425, or by paper mail.

You will be redirected to

Click the link above to continue or CANCEL

Thank you for visiting the New Hampshire Community Loan Fund

By clicking “Continue” you will leave the Community Loan Fund site. The linked site and its content, privacy and security are not controlled by the Community Loan Fund. We do not guarantee or endorse the linked site’s information, recommendations, products or services. Donors please note: Our online credit card donations are processed by Network for Good, a secure third party website. Transactions on the Network for Good site are subject to its Privacy, Security & Disclosure Statement and the Charitable Solicitation Disclosure.

You will be redirected to

Click the link above to continue or CANCEL