Guarantee Asset Program (New Hampshire)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place New Hampshire

Applies to States or Provinces New Hampshire
Name Guarantee Asset Program (New Hampshire)
Policy Category Financial Incentive
Policy Type Loan Program
Affected Technologies Biomass/Biogas, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric (Small), Natural Gas, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province

Program Administrator New Hampshire Business Finance Authority
Primary Website

Last Review 2014-09-15


The Guarantee Asset Program provides indirect financing to capital-intensive companies by guaranteeing up to 90% of a bank loan. To be eligible for a loan through GAP, a New Hampshire business must have at least 25 full-time employees, and provide collateral with a recent market appraisal of 1.25 times the original principal value. Forty percent of the loan may be used for working capital.

Policy Contact

Department New Hampshire Business Finance Authority

Phone (603) 415-0190