Small Business Financing Laconia NH

Looking for Small Business Financing in Laconia? We have compiled a list of businesses and services around Laconia that should help you with your search. We hope this page helps you find Small Business Financing in Laconia.

Susan John
Financial Focus, Inc.
(603) 569-1994
40 Mill Street, PO Box 2250
Wolfeboro, NH
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, Financial Issues Between Generations, Planning Issues for Business Owners, Retirement Planning & Distribution Rules, Real Estate Investments
Certifications
NAPFA Registered Financial Advisor, AIF, CFP®

Claudia Shilo
Ballentine Partners, LLC
(603) 569-1717
55 Mill Street, PO Box 1860
Wolfeboro, NH
Expertises
Cash Flow/Budgets/Credit Issues, Planning Concerns for Corporate Executives, Estate & Generational Planning Issues, Financial Issues Between Generations, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA/PFS, MPFP

James Fitts
Harvest Capital Management, Inc.
(603) 224-6994
114 North Main Street, Suite 301
Concord, NH
Expertises
Estate & Generational Planning Issues, Retirement Planning & Distribution Rules, Planning Issues for Business Owners, High Net Worth Client Needs, Charitable Giving - Trusts & Foundations, Ongoing Investment Management
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. Byron W. Rooks, CFP®
(603) 524-4488
One Mill Plaza
Laconia, NH
Firm
Common Ground Financial

Data Provided By:
Mr. Thomas E. Space, CFP®
(603) 524-1599
83 Goodwin Rd.
Gilford, NH
Firm
Advisors Financial Planning Gr
Areas of Specialization
Charitable Giving, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning, Investment Management, Long-Term Care, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Self-Employed Business Owners

Data Provided By:
Roy Ballentine
Ballentine Partners, LLC
(603) 569-1717
55 Mill Street, PO Box 1860
Wolfeboro, NH
Expertises
Ongoing Investment Management, Cash Flow/Budgets/Credit Issues, Financial Issues Between Generations, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, ChFc, CLU, MA

Robert Maloney
Squam Lakes Financial Advisors, LLC
(603) 968-2317
31 Coxboro Road-Box 730
Holderness, NH
Expertises
Women's Financial Planning Issues, Planning Issues for Business Owners, Estate & Generational Planning Issues, Financial Issues Between Generations
Certifications
NAPFA Registered Financial Advisor, MSFS

David Pereira, CFP®
(603) 524-2005
36 Country Club Rd Unit 822
Gilford, NH
Firm
Modern Woodmen of America
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Insurance Planning, Investment Planning, Long-Term Care, Retirement Income Management, Retirement Planning
Key Considerations
Profession: Not Applicable

Data Provided By:
Ms. Linda M. Knott, CFP®
(603) 832-0002
174 Court Street
Laconia, NH
Firm
LPL Financial
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided By:
Mr. Richard Vincent Breton, CFP®
(603) 528-5212
617 Main Street
Laconia, NH
Firm
Wedbush Securities, INC

Data Provided By:
Data Provided By:

Business Financing From The SBA / Small Business Administration

The Small Business Administration is the most useful resource available to startups and established small businesses. An Independent agency of the Executive branch of the Federal Government, the SBA has the responsibility of providing assistance to American small businesses in the areas of advocacy, management, procurement, and financial assistance. The SBA financing comes in the forms of investment programs, business loan programs, disaster loan programs, and bonding for contractors. In most cases, the SBA should be the first business financing resource a small business owner looks to for their financing needs.

The SBA has three different loan programs for small business financing . It is important to know that while the SBA has these programs, they do not actually provide the business financing . The SBA sets the guidelines for these loans, then their partners, which include lenders, community development organizations, and microlending institutions, actually make the loan to small businesses . The SBA guarantees the loans, to reduce the risk to the lenders.

The first type of business loan that the SBA offers is the Basic 7(a) Loan Guaranty. When a small business is unable to obtain financing from other sources, this is the primary business loan program offered. This is the SBA's most flexible business financing program, and it is ideal for start up business financing as well as established business financing . This type of new business financing can be used for most business purposes, such as working capital, equipment, office furnishings, land and building, leases, and even debt refinancing. The maturity date of the loan varies, depending on what the loan is used for. For working capital, the loan maturity is up to 10 years, while it is generally up to 25 years for fixed assets.

There are several different variations of the Basic 7(a) loan program, designed to fill specific needs. This type of loan is the closest a small business owner can get to free business financing, because any fees that the SBA has for administration are charged to the lender. However, the lender does have the right to make those fees a part of your loan, which means that you may ultimately pay those fees.

The second type of loan that the SBA offers is the Microloan. This is known as the 7(m) loan program. These are short-term loans of up to $35,000, and are primarily for small businesses and non-profit child care centers. They are meant to provide working capital, inventory purchases, supplies, furnishings, and equipment. They may not be used to pay existing debts or to purchase real estate. This type of business financing is great for business owners who wish to expand.

The third type of small business financing available through the SBA is a Certified Development Company (CDC) loan. Known as the 504 loan program, these loans should only be sought by businesses that require brick and mortar financing . These are long-term...

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