Businesses definitely have different needs in mind when looking for banks in the New Hampshire region. Fortunately, there are several New Hampshire banks ready to offer you their services.

For business owners banking in New Hampshire, New Hampshire banking institutions provide many services beyond simply storing your money and allowing you to write checks. A commercial bank in New Hampshire may process credit card payments, offer you business loans, or help to manage your financial assets.

When you are going to compare New Hampshire banks, keep in mind:

1. The level of service you expect from your New Hampshire bank. Local banks may offer a higher level of personalized services.
2. Where you will do business. If you frequently travel for business, you may want to choose a bank that has locations all over the U.S.
3. The types of services you will need from a New Hampshire commercial bank. Make sure that the bank you choose offers all of the services you need.
   

Action Steps
The best contacts and resources to help you get it done

Apply for a loan from local New Hampshire banks

You need money to start your business and loans are a great way to get that money. Local New Hampshire banking institutions may be more likely to offer loans to support New Hampshire businesses.

I recommend: Federal Savings Bank offers commercial loans to small businesses in New Hampshire. They can help finance the equipment you need for your business, or offer a mortgage on your business location. Ocean Bank offers business loans up to 10 million dollars.

Choose a bank that offers free business checking for your New Hampshire commercial banking needs

Business checking is one of the most important services that you need from your bank. Why should you have to pay for it? Many banks offer free business checking to their customers.

I recommend: Citizens Bank offers free business checking in New Hampshire. Franklin Savings Bank also offers this service.

Select a New Hampshire bank that offers merchant services to process customer credit card payments

Merchant services provided by banks allow you to easily accept credit card payments from your customers.

I recommend: Ocean Bank can help you get started accepting credit cards. They offer merchant processing services to those businesses banking in New Hampshire. Sovereign Bank will also help your business accept credit cards.

Buy your business insurance through a New Hampshire bank

Some banks in New Hampshire offer business insurance to their business customers. This can be a convenient way to take care of your needs in one location.

I recommend: Sovereign Bank offers a variety of insurance choices for small businesses.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Watch out for additional fees when doing New Hampshire commercial banking. Free or low cost services have a limit on the number of transactions you can make. If you will make more than the maximum number of transactions, it may be cheaper to choose an account with a monthly fee.
• •  Most commercial banks in New Hampshire also offer business credit cards. Use these to easily track smaller purchases.