Granite State Development Corp.
BankingNew Hampshire, United States11-50 Employees
Granite State Development Corp. operates within the banking sector as a facilitator of the SBA 504 program, helping small businesses access long-term subordinated debt at below-market rates. Through collaborations with local banks, the organization has grown to be the largest Certified Development Company in New England and has supported New Hampshire businesses since its SBA certification in 1982. In addition to the program, it offers advisory services and direct support to companies in New Hampshire, Massachusetts, Maine, and Vermont seeking sources of capital not readily available through traditional lenders. Headquartered in Portsmouth, New Hampshire, the firm has a small to mid-sized staff and serves a regional market. Its positioning reflects a focus on connecting small businesses with banking partners to broaden access to capital within the New England region.