Need a loan to expand your business? The Greater Nashua Revolving Loan Fund (RLF) provides flexible alternative financing for working capital, as well as the purchase of machinery, equipment and real estate to businesses located within or moving to Greater Nashua. The RLF finances projects and typically works in partnership with local lenders to be a catalyst for projects that lead to job creation.
Are you just starting out? The Micro-loan Fund assists companies and entrepreneurs who may not currently be eligible to receive loans from traditional banks and financial institutions. Loans are available to startups or existing micro-businesses for up to $25,000. The Micro-loan Fund works in partnership with local lenders to be a catalyst for projects that lead to job creation.
In 2010, the City of Nashua was awarded funds from the Environmental Protection Agency (EPA) to capitalize a Brownfields Cleanup Revolving Loan Fund to help clean up and revitalize local areas identified by the Brownfields Law as a site where expansion, redevelopment, or reuse may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. Cleaning up and reinvesting in these properties protects the environment, reduces blight, and takes development pressures off green spaces and working lands.