Business Energy Efficiency Loan Program

This program is not available to homeowners—it applies only to businesses, nonprofits, and agricultural operations with commercial facilities. If you own a business or nonprofit, you can borrow at least $100,000 to fund energy efficiency upgrades like insulation, lighting, or equipment, with repayment terms matched to your project's energy savings to ensure positive cash flow. Contact the BFA at 603.415.0190 or apply online; you'll need a third-party energy audit and financial documentation to proceed.

Market this program to your commercial and nonprofit clients as a straightforward financing option for energy projects—the BFA has $2 million in capitalization and no application fees, minimum collateral requirements, or typical project size caps up to $1 million. You should help customers understand that their loan terms can be extended to match the ROI of the efficiency investment, and emphasize that a third-party energy audit documenting projected savings is required before underwriting and board approval.

The NH Business Finance Authority administers this revolving loan program capitalized by the PUC with $2 million, targeting for-profits, nonprofits, and agricultural businesses seeking minimum $100,000 loans for energy efficiency (maximum $1 million, exceptions possible). Loans are underwritten by BFA staff and approved by the board monthly; repayment terms are structured to match projected energy savings. Borrowers must provide a third-party energy audit, financial statements, tax returns, and a personal guarantor financial statement. Program sustainability depends on principal repayment recycling and additional appropriations.