Loans for Essential Community Services
We lend to nonprofits and to childcare centers, including for-profit and family programs that serve New Hampshire communities.
Our loan products are accessible and flexible. We’ll work with you to find a solution.
Working Families Need Strong Community Services
Our flexible financing helps nonprofits buy real estate, renovate facilities, upgrade equipment, or expand their programming and services. We can also provide short-term loans that bridge the gap between a project and your capital campaign, tax credits, or grant award.
Childcare Providers
Our childcare financing aims to increase the availability of quality childcare and early education opportunities across New Hampshire and Vermont.
Our loans help nonprofit, for-profit, and family providers purchase, build, expand, renovate, or otherwise improve their facilities and programs. We also host award-winning Business of Childcare resources to help providers strengthen their business skills, decrease costs, and increase revenue.
Strong business management is one key to maintaining quality care and financial sustainability. Visit our Business of Childcare Resource Library for articles and tools that support best business practices for boards, directors, and staff.
Affordable Multi-family Housing Developers
We're working to expand both the amount and the quality of affordable rental housing available to families, seniors, and people who need supportive housing.
We support affordable housing developers in N.H. and VT by offering:
- Important information: Pre-development loans to meet the expenses incurred in assessing development opportunities prior to acquisition
- Bridge financing to assist in acquiring properties for affordable rental development or improvement
- Construction and permanent project financing
Get the details on our involvement in affordable multi-family housing.
Contact Us
Contact Betsy Segal, our Director of Business & Community Lending, to talk about how we can put your investment to work.
Call Betsy: (603) 856-0725
Email BetsyNonprofit Loan Details
Get an overview of various aspects of our loans for nonprofit organizations.
Loan Criteria
- Benefit to low-and moderate-income people or populations with special needs
- Long-term benefit and social impact
- Borrower’s ability to repay
Loan Features
- Flexible terms up to 15 years (longer amortizations are possible)
- Fixed rates
- Reasonable fees
- Flexible security or collateral requirements, including first and subordinate mortgage positions
Loan Products, Project Uses, and Requirements
| Working Capital | Project uses |
|---|---|
| EngineeringDesignFeasibility studies | Organization must serve or benefit low- and moderate-income populations, or other disadvantaged people or communities |
| Land acquisitionBuilding acquisitionBuilding renovationsImprovements/expansionADA requirementsGap/bridge financing | Organization must serve or benefit low- and moderate-income populations, or other disadvantaged people or communities |
| Clean energy & energy efficiency projects | Demonstrate repayment ability |
| Capitalized equipment purchases such as:FurnishingsEquipmentVehicles | Organization must serve or benefit low- and moderate-income populations, or other disadvantaged people or communities |
| Receivables/invoiceState contractsExpansion | Demonstrate repayment ability |
The Community Loan Fund was the missing piece of the puzzle that made everything click, working with them has allowed our farm business to grow and become profitable enough to bring the fifth generation of the family into the business.
The Community Loan Fund helped me clear up everything and put myself in a position to buy.
Thank you for making my golden years golden.
My favorite part of living here is the freedom of ownership. When we first bought the park, I remember my first feeling, that no one could take this away from me. I owned it.
We wouldn’t have succeeded without (the Community Loan Fund). They financed us on terms we could afford, helped us lower our operating costs, and provided stability and security.
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