Section 162-A:11 – Guarantee Fund Established.
162-A:11 Guarantee Fund Established. – In order to provide additional security to the state for any loan guarantees made under RSA 162-A:8, RSA 162-A:10, or RSA 162-A:13, there is hereby established a loan guarantee reserve fund, which shall be held by the authority apart from all of its other funds, and which shall be […]
Section 162-A:12 – Capital Access Program.
162-A:12 Capital Access Program. – I. The authority may contribute money to funds, to be known as "CAP funds," that shall be held for the benefit of participating state banks and state credit unions. Each such fund shall be held by the authority separate and apart from all other funds of the authority and […]
Section 162-A:13 – Capital Asset Backed Guarantee Program.
162-A:13 Capital Asset Backed Guarantee Program. – I. Upon recommendation of the authority for the proper implementation of the declared purposes of this chapter, the governor and council may award a state guarantee of the principal of, interest on, and reasonable collection expenses related to, loans which meet the requirements set forth in this […]
Section 162-A:13-a – Working Capital Loan Guarantee Program.
162-A:13-a Working Capital Loan Guarantee Program. – I. Upon recommendation of the authority for the proper implementation of the declared purposes of this chapter, the governor and council may award a state guarantee of the principal of, interest on, and reasonable collection expenses related to, loans which meet the requirements set forth in this […]
Section 162-A:13-b – Business Loan Enhancement Program.
162-A:13-b Business Loan Enhancement Program. – I. Upon recommendation of the authority for the proper implementation of the declared purposes of this chapter, the governor and council may award a state guarantee of the principal of, interest on, and reasonable collection expenses related to, loans which meet the requirements set forth in this section. […]
Section 162-A:13-c – Intellectual Property Business Loan Development Program.
162-A:13-c Intellectual Property Business Loan Development Program. – I. Upon recommendation of the authority for the proper implementation of the declared purposes of this chapter, the governor and council may award a state guarantee of the principal of, interest on, and reasonable collection expenses related to, loans which meet the requirements set forth in […]
Section 162-A:13-d – Innovation Business Job Growth Program.
162-A:13-d Innovation Business Job Growth Program. – I. The authority may establish and administer an innovation business job growth program to increase the supply of venture capital to the economy of the state. The program is intended to promote investment in qualified venture capital funds by guaranteeing or insuring portions of the principal of […]
Section 162-A:9 – Temporary Loans to Business.
162-A:9 Temporary Loans to Business. – I. The authority may lend money to businesses for any project. Any such loan shall be on such terms and conditions as prescribed by the authority and shall be evidenced by a promissory note given by the business to the authority. In addition, prior to making any loan, […]
Section 162-A:9-a – Energy Conservation Loan Program.
162-A:9-a Energy Conservation Loan Program. – I. The authority shall establish an energy conservation loan program to encourage small businesses and agricultural entities to improve energy efficiency, particularly through the adoption of conservation and cogeneration initiatives. Pursuant to the terms and conditions for loan guarantees under RSA 162-A:8 and for temporary loans under RSA […]
Section 162-A:10 – Secondary Market for Loans Made by Local Development Organizations.
162-A:10 Secondary Market for Loans Made by Local Development Organizations. – I. The authority may acquire for its own account, or for resale, loans made by local development organizations to businesses operating within the state. The authority shall acquire such loans only if the local development organization agrees to use the proceeds of the […]