Our lending is tailored to fit businesses.
The City of Rochester, NH, through funding from the U.S. Department of Housing and Urban Development (HUD) and Community Development Block Grant (CDBG) Program, offers financial assistance to eligible businesses located, expanding or relocating within the boundaries of the City of Rochester, including East Rochester and Gonic.
The JOB Loan Program is designed to provide employment opportunities through the creation and/or retention of permanent jobs within businesses - at least 51% of the new jobs are to be filled by low and moderate income persons in Rochester.
The JOB Loan Program is to fill gaps that occur with traditional financing sources. One of the main advantages of the JOB Loan Program is its flexibility with respect to terms. Our goal is to create a financing package tailored to the business. Click here for an application.
Regional lending
The Strafford Economic Development Corporation is also available to businesses in Rochester.