Economic Uncertainty in New Hampshire: Impact on Small Business Lending

October 12, 2025 - 21:57

In a recent discussion, Crystal Dionne, CEO of Primary Bank, shared her insights with Fred Kocher regarding the current economic climate in New Hampshire and its effects on small business financing. As businesses navigate through fluctuating economic conditions, the conversation highlighted the challenges that small enterprises face in securing loans.

Dionne emphasized that uncertainty in the economy often leads banks to adopt a more cautious approach when it comes to lending. This hesitation can stem from various factors, including fluctuating interest rates and changing consumer behavior. Small businesses, which are vital to the state's economy, may find it increasingly difficult to access the capital they need for growth and development.

The dialogue pointed out that while some banks may tighten their lending criteria, others are actively seeking ways to support small businesses. Dionne encouraged entrepreneurs to explore different financing options and maintain open communication with their banks. As New Hampshire continues to navigate these uncertain economic waters, the support for small businesses remains crucial for the overall economic health of the region.