Posts Tagged ‘Bank of America’
Monday, January 30th, 2012
[This is a terrific annual event attended by business leaders from across the state – if you’re a business owner in NH, not only will you get to network with terrific people, you’ll also learn a lot too. We’re proud to be a part of it, and hope you’ll be there, too!]
Small Business Day is an opportunity for small business owners and managers to meet New Hampshire’s top policy-makers, learn more about legislative issues that could affect your bottom line, and receive valuable information about tools to help your company grow and prosper. This event is presented in partnership with the New Hampshire Division of Economic Development, the New Hampshire Small Business Development Center and local and regional chambers of commerce and business associations and is sponsored by Public Service of New Hampshire, Bank of America and media sponsor NH Business Review.
PRELIMINARY AGENDA
7:30 a.m. – Registration & Continental Breakfast
8:00 a.m. – Welcoming Remarks
8:15 a.m. – Legislative Leadership Panel
What are the top small business issues facing the 2012 New Hampshire Legislature and how will our state’s top elected leaders resolve them?
9:05 a.m. – How do I do business with the state?
New Hampshire Department of Administrative Services Commissioner Linda Hodgdon will explain how to go about supplying the state with everything from pencils to pens, computers to calculators, & almost everything the state purchases.
9:55 a.m. – NH Employment Security Presentation
New Hampshire Department of Employment Security Commissioner Tara Reardon will provide an overview of what kinds of information is available in the Economic and Labor Market Information Bureau (ELMI), about its NH Working programs and how they can help businesses find the right applicant.
10:45 a.m. – Break
11:00 a.m. – Strategies for financing your business
Securing capital for your operation can sometimes feel like an uphill battle. However, it gets a lot easier if you know the resources that will be the best fit for you and your business. Come hear from commercial lenders, and representatives from alternative lending programs for finance options compatible with your growth.
11:50 a.m. – Closing Remarks
Cost is $15 per person and registration is required. To register, call 224-5388 x113 or visit www.nhbia.org and click on January 31 on the events calendar.
Tags: Bank of America, Business and Industry Association of New Hampshire, Department of Employment Security, Economic and Labor Market Information Bureau, Linda Hodgdon, New Hampshire Business Review, New Hampshire Department of Administrative Services, nh, NH Working, PSNH, Small Business Development Center, Tara Reardon
Posted in NH Business Matters | Comments Off on Attend the 7th Annual Small Business Day at the State House
Monday, January 9th, 2012
Strategies for securing business financing, tips for how to do business with the state, a look at this year’s top policy issues from the state’s top legislators and more will be the focus of the Business and Industry Association’s 7th Annual Small Business Day at the State House event to be held Jan. 31 at the Holiday Inn, Concord from 7:30 to 11:30 a.m.
 The annual small business event, held in partnership with the New Hampshire Small Business Development Center (NH SBDC), New Hampshire Division of Economic Development, and local and regional chambers of commerce, is meant to engage small business owners and managers in public policy discussion and debate, as well as provide them with practical and relevant information to help manage and grow their business. Small Business Day is sponsored by Public Service of New Hampshire, Bank of America and media sponsor New Hampshire Business Review.
Small Business Day at the State House will begin with a panel discussion with some of the state’s top elected leaders: Senate Majority Leader Jeb Bradley, Senate Democratic Leader Sylvia Larsen and House Minority Leader Terie Norelli (expected). The state leadership panel will focus specifically on top small business issues of 2012 and how state elected leaders will resolve them.
Two presentations will follow the legislative panel. First, New Hampshire Department of Administrative Services Commissioner Linda Hodgdon will explain the ins and outs of doing business with the state. Small business owners interested in supplying the state with everything it needs to function, from pencils and pens to computers and calculators, will learn how to engage in this process.
Next, New Hampshire Department of Employment Security Commissioner Tara Reardon will discuss the recently enacted NH Working programs and how they can help small businesses find the right job applicants. She will also provide an overview of the Economic and Labor Market Information Bureau (ELMI), the type of information available through ELMI and how small businesses might use it to their advantage.
Following a short break, New Hampshire Division of Economic Development Interim Director Chris Way will moderate a panel discussion called “Strategies for Financing Your Business.” Small business owners who feel like securing capital can sometimes be an uphill battle will hear from a panel of commercial lenders and representatives of alternative lending programs about financing options that may be open to them and help their business meet its growth objectives.
Gov. John Lynch has been invited to make closing remarks.
Participating chambers of commerce include the Exeter Area, Greater Peterborough, Hampton Area, Hanover Area, Lakes Region, Merrimack, Mount Washington Valley, Northern Gateway Regional, Plymouth Regional, Waterville Valley Region and Wolfeboro Area chambers of commerce.
The cost to attend Small Business Day at the State House is $15 per person and includes continental breakfast. To register, visit nhbia.org, Events or call 603-224-5388 x116.
Tags: Bank of America, Business and Industry Association of New Hampshire, Chris Way, Jeb Bradley, Linda Hodgdon, New Hampshire Business Review, New Hampshire Department of Administrative Services, New Hampshire Division of Economic Development, New Hampshire Employment Security, New Hampshire Small Business Development Center, Public Service of New Hampshire, Sylvia Larsen, Tara Reardon, Terie Norelli
Posted in NH Business Matters | Comments Off on Seventh Annual Small Business Day Slated for 1/31
Friday, May 20th, 2011
The New Hampshire Community Loan Fund has received the highest possible rating for its social impact performance from CARS™, the CDFI Assessment and Ratings System. CARS helps investors and donors assess the creditworthiness and impact performance of Community Development Financial Institutions (CDFIs).
 NH Community Loan Fund President Juliana Eades and her dedicated staff are a force for positive change in the state of New Hampshire. CARS awarded the Community Loan Fund, a statewide nonprofit, the top grade – AAA – for its impact performance. The Community Loan Fund also earned the second-highest rating for its financial strength and performance and a “Policy Plus” designation for its work to improve government laws and policies on behalf of people and communities with low incomes.
The Concord-based Community Loan Fund turns investments into loans and education to create opportunity for people with low incomes. It collaborates with a wide range of donors and lenders, and with business, nonprofit and government partners, to provide the financing and support people need to have affordable homes, have quality jobs and child care, and become financially independent.
“This CARS rating is a real testament to the strength of the Community Loan Fund’s strategies and financial practices. It says that even through a recession that rocked financial institutions worldwide, the Community Loan Fund successfully helped people and communities with low incomes seize opportunities to transform their lives,” said Community Loan Fund Board Chair Ed Tomey, of Keene.
CARS was developed by the Opportunity Finance Network, the national association of CDFIs, and launched in 2004. “Socially responsible investors are attracted to CDFIs because they offer a unique blend of financial discipline plus positive social or economic impact in their marketplace,” said CARS director Paige Chapel.
National financial institutions such as Bank of America and Citi, and major philanthropic organizations including the Ford Foundation and the MacArthur Foundation, use CARS to identify investment opportunities.
The Community Loan Fund was the first CDFI evaluated in 2005, when the CARS system was still evolving, and has twice (in 2008 and 2011) duplicated its AAA rating with more-stringent evaluations.
“Three times now, outside evaluators have taken a rigorous look at what we do, how we do it, and our impact on New Hampshire families and communities. Three times they’ve given us a triple ‘thumbs up,’ ” said Community Loan Fund President Juliana Eades. “Their judgment reaffirms our financial strength and resilience as we’ve weathered this extreme recession with high-performing loans and effective technical assistance.”
The CARS rating signals to the Community Loan Fund’s supporters that “they can be assured that their donations and loans, which make our work possible, are creating the maximum social impact,” Eades said.
The 65 CARS-rated CDFIs represent about 11% of all CDFI Fund-certified loan funds. However, these rated institutions currently manage 30% of all on-balance sheet assets among certified groups.
Since 1983, the Community Loan Fund has loaned more than $144 million, leveraging more than $444 million for its projects.
Tags: Bank of America, CARS, Citi, Ed Tomey, Ford Foundation, Juliana Eades, MacArthur Foundation, New Hampshire Community Loan Fund, Opportunity Finance Network, Paige Chapel
Posted in NH Business Matters | Comments Off on NH Community Loan Fund Top-Rated for Social Impact
Thursday, March 25th, 2010
Gov. John Lynch and his Jobs Cabinet today announced a regional Business Finance Fair will be held on April 30 from 8 a.m.-noon at the Sheraton Portsmouth Harborside , giving businesses the opportunity to meet with representatives from area banks, credit unions and other financial resource organizations. The fair is open to businesses of all sizes and sectors, entrepreneurs and anyone interested in starting a business.
During Gov. Lynch’s Jobs Cabinet Roundtable Series held over the last several months, many businesses leaders expressed concerns about a difficulty in obtaining financing. This finance fair is in response to those concerns.
“Businesses continue to tell me how they are struggling to find the credit or working capital to grow their companies. If our companies are not able to grow, they cannot create new jobs and our economy will not be as strong as it could be,” Gov. Lynch said. “Meanwhile, local financial institutions tell me they have money to lend. The goal of this Fair is to help businesses connect with financing options so that they can continue to grow.”
The Finance Fair will also several workshops on ways businesses can use credit enhancements, on preparing to speak with lenders and on how to work with alternative financing.
 Bank of America, Service Credit Union, the New Hampshire Banking Department and the New Hampshire Division of Economic Development are sponsoring the event.
“For some local business leaders, securing financing can be intimidating given the different options and effect each may have on a company’s balance sheet,” said John Weeks, New Hampshire president, Bank of America. “By bringing together lenders and providing valuable educational workshops, organizers of the inaugural Business Finance Fair aim to provide clarity around the process.”
“Service Credit Union is honored to sponsor the Finance Fair. It provides a unique opportunity for business leaders to learn about the local resources available to them. At Service Credit Union, we recognize that building strong relationships are key to success in business,” said Gordon Simmons, president and CEO of Service Credit Union. “We are proud to support Governor John Lynch’s business initiative and to share our vision of being a leader in corporate citizenship. It is a great pleasure to be a major sponsor of the Finance Fair and we look forward to expanding our cooperation in these venues.”
“I want to make sure we are doing all we can to foster our business friendly environment here in New Hampshire,“ Gov. Lynch said. ”It is my hope these fairs will provide business leaders with a better understanding of the financing options that may be available to them and how to pursue those options.”
Businesses interested in attending are encouraged to RSVP with the New Hampshire Banking Department by calling 271-3561 or by sending an e-mail to events@banking.state.nh.us.
Tags: Bank of America, Gordon Simmons, John Weeks, New Hampshire Banking Department, New Hampshire Division of Economic Development, Service Credit Union, Sheraton Portsmouth Harborside
Posted in NH Business Matters | Comments Off on Governor Announces Regional Business Finance Fair
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