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BEDCO will consider loan requests from any business which meets our Lending Criteria. However,
because we are a Community Development Financial Institution with a mission to diversify and
expand the economy of Northern New Hampshire, certain businesses will be given priority
consideration such as:
- Businesses that diversify the existing economic base of Northern New Hampshire
- Businesses that are engaged in regional, national or global markets, and/or offer a specific product or service which is currently absent or under-served in the local market
- Projects which preserve and bring adaptive reuse to architecturally and historically significant structures and landscapes
- New or expanding businesses that are creating or retaining "Livable Wage" jobs
- Technology oriented firms with "value added" activities
- Resource based industries, particularly those pertaining to "value added" wood products
Loans from BEDCO can be used to address any of the following business
- Real estate acquisition or improvement
- Business acquisition or expansion
- The purchase of furniture, fixtures, machinery, and/or equipment
- The purchase of new technology and/or
- Inventory and working capital
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