The Millyard Bank
The Millyard Bank is an active SBA lender in New Hampshire, a bank offering SBA-guaranteed small-business loans. Currently rated 4.9 stars across 18 Google reviews.
$23M
in SBA approvals since 2020
28
SBA loans funded
Manufacturing · Auto Dealers & Sales · Real Estate & Property Management
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About The Millyard Bank
The Millyard Bank offers comprehensive SBA lending services tailored to small and medium-sized businesses seeking financial support for growth, expansion, or operational needs. With a focus on personalized service, the bank provides various loan options, including SBA 7(a) loans, to help clients secure funding with competitive terms. Located in Nashua, NH, it specializes in supporting industries such as hospitality, retail, and services, making it a valuable partner for local entrepreneurs. The bank's experienced team guides borrowers through the application process, ensuring clarity and efficiency from start to finish. Whether you're looking to acquire real estate, purchase equipment, or improve cash flow, The Millyard Bank is committed to helping businesses succeed. Their SBA programs are designed to accommodate a range of financial needs, with flexible terms and dedicated support. The bank's community-oriented approach emphasizes building long-term relationships and fostering economic growth within the region.
Serves SBA borrowers in 2 states
The Millyard Bank has funded SBA loans for businesses in these states, by borrower location. Tap a state to see every lender serving it.
Industries The Millyard Bank finances
Business types The Millyard Bank actively lends to, from its SBA loan history. Tap one to see every lender serving it.
Common questions about The Millyard Bank
What is this place and what can I find here?
This is a bank that offers SBA loan programs and financial services tailored to small businesses seeking growth capital and support.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins may be accommodated based on availability.
What are the hours of operation?
The Millyard Bank maintains hours from 9:00 AM to 5:00 PM, seven days a week (Monday through Sunday). Please confirm current hours with the bank as they may vary by location.
Is there a fee to use this?
There are no fees to access basic banking services; loan fees apply based on the specific financing arrangement.
Who is this open to — anyone, or only residents/members?
This bank primarily serves residents and businesses within the Nashua region, with a focus on local small business support.
What minimum personal credit score does this bank look for in a guarantor?
A minimum personal credit score of 620 is generally required, though higher scores improve approval chances.
How long does the traditional underwriting process take from start to close?
The process typically takes 30 to 45 days, depending on the complexity of the application and completeness of documentation.
Is this open on weekends?
Yes, The Millyard Bank is open on weekends. Banking center hours are 9:00 AM to 5:00 PM on both Saturday and Sunday. Confirm with the bank for any holiday closures or location-specific variations.
How do I get there and where do I park?
The Millyard Bank is located in New Hampshire — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.
Who owns or operates this listing?
This page is an independent directory listing for The Millyard Bank, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by The Millyard Bank itself, which runs its own lending under its own ownership. If you work at The Millyard Bank, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for The Millyard Bank — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with The Millyard Bank before applying. If you represent The Millyard Bank, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach The Millyard Bank by phone at (603) 882-6500 or email at connect@millyardbank.com. For SBA loans, contact their business lending department. Please confirm current contact information with the bank.
What core industries does this commercial bank traditionally choose to finance?
Based on its approved SBA loans, The Millyard Bank most often finances businesses in manufacturing. This reflects The Millyard Bank's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with The Millyard Bank which sectors it actively lends to before you apply.
Can I apply for an SBA Express line of credit at this branch?
SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether The Millyard Bank participates in SBA Express depends on its specific SBA lending authority. Contact The Millyard Bank and ask if it offers SBA Express and what the current limits and terms look like for your situation.
Does this bank have Preferred Lender Provider status with the government?
SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established banks hold PLP status, but it varies by institution. The Millyard Bank can confirm its current PLP standing — ask before you apply if speed matters to you.
Are start-up companies eligible for financing at this traditional institution?
The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. The Millyard Bank's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask The Millyard Bank directly whether it considers start-up loans.
What are the typical down payment expectations for commercial real estate acquisitions?
For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask The Millyard Bank what down payment it expects for your specific commercial real estate purchase.
Does this bank impose prepayment penalties on short-term working capital facilities?
SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask The Millyard Bank to spell out any prepayment penalties before you sign.
Can I use loan proceeds from this bank to buy out an existing equity partner?
SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with The Millyard Bank to confirm it qualifies and how to document it.
Will historical personal bankruptcies automatically disqualify my loan application here?
A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. The Millyard Bank weighs this case by case under its own policy, so be upfront about your history and ask The Millyard Bank how it evaluates prior bankruptcies.
