CRDC collaborates with multiple banks to facilitate the lending process for New Hampshire companies looking to expand their business through the purchase of real estate, new equipment or a new business.
CRDC's Loan Committee approved a total of 32 loans to small businesses borrowers totaling $6.5 million of which a total of 25 loans were funded from all CRDC loan programs totaling $3,286,350. We thank our lending partners for our tremendous success. CRDC worked with 11 different banks in 16 distinct communities.
The following are examples of the work we accomplished in Fiscal Year 2019: