SBA Lenders in New Hampshire
Top lenders ranked by real SBA lending data. See who's most active in New Hampshire across deal count, loan size, and pricing.
What Borrowers Should Know
New Hampshire's median 7(a) spread of P+2.07% is 68 basis points lower than the national median of P+2.75%. This is a meaningful savings on your interest rate—on a $250,000 loan over 10 years, you'd pay roughly $17,000 less in interest. The state's competitive lender base of 70 active lenders is driving this pricing advantage.
Granite State Economic Development Bank dominates NH lending with 1,224 deals—one-third of all SBA volume in the state. The next four lenders combined have only 1,388 deals. This concentration means Granite State has significant scale advantages and likely the deepest expertise in local business lending, but you should still shop other lenders to ensure competitive pricing despite their market position.
The average NH deal size of $284,853 suggests a strong market for smaller SBA loans ($200K–$350K range). If you're borrowing in this sweet spot, you'll find streamlined processes and competitive terms. If you need significantly more—say $500K+—lenders here are less specialized, and you may face longer timelines or slightly higher rates.
Total SBA Loans
3,685
Active Lenders
67
Avg Deal Size
$285K
Total Volume
$1.1B
Top 10 Lenders in New Hampshire
Ranked by total deal count across all SBA programs.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | TD Bank, National Association | Bank | 428 | $81K | P + 3.00%ABOVE AVG | |
| 2 | Granite State Economic Develop | CDC/504 | 278 | $360K | — | |
| 3 | Camden National Bank | Bank | 247 | $83K | P + 2.00%GOOD | |
| 4 | Eastern Bank | Bank | 207 | $149K | P + 2.00%GOOD | |
| 5 | Meredith Village Savings Bank | Bank | 121 | $89K | P + 3.00%ABOVE AVG | |
| 6 | Manufacturers and Traders Trust Company | Bank | 116 | $177K | P + 2.00%GOOD | |
| 7 | Rockland Trust Company | Bank | 106 | $299K | P + 1.50%COMPETITIVE | |
| 8 | Bank of New Hampshire | Bank | 105 | $115K | P + 1.75%GOOD | |
| 9 | Bar Harbor Bank & Trust | Bank | 103 | $129K | P + 1.50%COMPETITIVE | |
| 10 | St. Mary's Bank | Bank | 101 | $73K | P + 0.94%COMPETITIVE |
Top Industries in New Hampshire
SBA lending activity by industry segment.