Claremont Savings Bank’s Commercial Lending team was recently awarded the “Loan Participation of the Year” award from the New Hampshire Business Finance Authority (NHBFA). The award was given at this year’s Granite State Awards held on October 11, 2023. The Bank partnered with NHBFA to provide financing to Montshire Packing, a meat processing facility located in North Haverhill, New Hampshire.
“I am grateful to Claremont Savings Bank and the New Hampshire Business Finance Authority for helping us purchase the PT Farm meat processing facility. Both the Bank and NHBFA were easy to work with and extremely responsive in putting together financing that made this transaction happen quickly. This enabled us to retain jobs in North Haverhill and to continue to provide a vital service to local farms,” said Mark Boyden from Montshire Packing.
Jim Lynch, the Bank’s Senior Commercial Lender, stated that “our team takes pride in being responsive to the needs of local businesses, and while we never expect any recognition, it was an honor to be recognized by NHBFA, who was a great partner to work with on this transaction”.
NH BFA Executive Director James Key-Wallace shared “We extend our deep appreciation to Claremont Savings Bank for their hard work empowering New Hampshire businesses. The Granite State Awards proudly recognizes Jim Lynch and his team’s pivotal contribution in fostering job creation and economic prosperity within our community. Their efforts were exceptional and the award is well-deserved.”
This is the third consecutive year that the NHBFA has recognized exceptional lenders in New Hampshire. They celebrated the dedication and achievements of five exceptional lenders in New Hampshire who have gone above and beyond in their efforts to leverage BFA programs, facilitating loans that have been instrumental in driving success for local businesses.
