Washington County Vermont Small Business Loans

The Economic Development Council of Northern Vermont (EDCNV) is a not-for-profit development corporation providing financing opportunities for small businesses in the eight counties of Caledonia, Chittenden, Essex, Franklin, Grand Isle, Lamoille, Orleans and Washington. These are term loans that can be used to finance machinery, equipment an ...
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This program utilizes a pooled reserve concept and is designed to enable Vermont small businesses to access commercial credit. A bank may participate in this program by signing a "Master Agreement" with VEDA. A Reserve Fund, established with premiums paid by the borrower and matched by VEDA, is set up for each bank to insure loans enrolled in t ...
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The Direct Loan Program assists borrowers in financing fixed assets for Vermont businesses. It is utilized in cooperation with commercial banks. VEDA may either make its own direct loan or may purchase a portion of a bank loan. Eligibility Individuals, partnerships, corporations or limited liability companies engaged in manufacturing, process ...
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VEDA’s Technology Loan Program provides financing to eligible for-profit and non-profit corporations offering technology-based goods and services to consumers located both inside and outside Vermont. Eligibility - Individuals, partnerships, corporations or companies who wish to undertake a project that meets the requirements of Title 10, V.S. ...
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VEDA’s Vermont Small Business Loan Program is available to assist growing Vermont small businesses that are unable to access adequate sources of conventional financing, specifically targeting those that are creating or retaining jobs. This program may make loans of up to $350,000 for fixed asset acquisition or for working capital purposes. As a g ...
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Community Capital offers financing and other assistance to businesses in Vermont that do not yet meet all the requirements of traditional bank financing. Financing to Start or Grow your Business: We provide flexible and affordable financing for eligible and qualified new and growing businesses. Loans are available up to $50,000 to businesses loc ...
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The Montpelier Loan Fund Committee (MLFC) manages the various business loan programs that have been established for business and economic development for Montpelier, Vermont. The MLFC reviews loan applications and credit worthiness of prospective borrowers; determines terms and conditions of loan approvals; and helps to determine the distribution o ...
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VCLF's Agritourism Loan Program is a Vermont revolving loan fund with financing of up to $50,000 at low interest rates. The program focuses on supporting new or existing agricultural enterprises by providing low cost capital for agritourism related projects that help them enhance and diversify their revenue streams. ELIGIBILITY - Agritourism bu ...
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VCLF finances a wide variety of Vermont businesses ranging from production agriculture to specialty foods, energy and high-tech companies, retail stores and wood products manufacturers. VCLF loans are aimed at businesses that provide benefits to low-to-moderate-income Vermonters through livable-wage jobs and revitalized communities. Our objective i ...
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Prosper is the market leader in peer-to-peer lending which is a popular alternative to traditional loans and investing options. Prosper isn't a bank but it's lending model is based on investors who will give good ideas a chance and not just be a number at the bank. Prosper loans are not traditional small business loans and are based on your c ...
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The LGPP a loan program that enables eligible minority-owned firms to obtain financing when funds are not available through conventional channels on reasonable terms. The following types of loans and credit facilities are accessible through the LGPP: - Lines of Credit - Contract Financing - Intermediate Term Loans - Working Capital Loans - Equ ...
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Enacted into law as part of the Small Business Jobs Act of 2010 (the Jobs Act), the Small Business Lending Fund (SBLF) is a dedicated investment fund that encourages lending to small businesses by providing capital to qualified community banks and community development loan funds (CDLFs) with assets of less than $10 billion. Through the SBLF, parti ...
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ACCION USA is different from a bank or credit union. ACCION USA is a microfinance organization that lends with the mission of empowering business owners with access to working capital and financial education across the United States. ACCION USA offers business loans up to $50,000 and financial education throughout the United States. Since 199 ...
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LEAF's mission is to promote human and economic development by providing financing and development assistance to community-based and employee-owned businesses that create and save jobs. Financing is structured to the needs and capacity of each business. Investments are structured as secured debt, subordinated debt, lines of credit or equity fin ...
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USDA Rural Development’s Business & Industry (B&I) Guaranteed Loan Program helps rural businesses in Alabama by guaranteeing the loans of commercial lenders who might not otherwise extend credit. The B&I guarantee acts as an incentive to spur business lending in rural areas. The B&I program is fundamentally a lender-driven process. USDA cannot ...
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The Small Business Administration (SBA) participates in a number of loan programs designed for Alabama business owners who may have trouble qualifying for a traditional bank loan due primarily to insufficient collateral to back the loan. The SBA does not loan directly to businesses (with the exception of disaster loans) but instead provides a guara ...
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