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VT
Vermont SSBCI Loan Participation Program
Vermont's SSBCI Loan Participation Program helps small businesses access growth capital through VEDA and participating lenders.
About this program
Vermont's State Small Business Credit Initiative Loan Participation Program uses federal SSBCI funds to leverage private lending for Vermont small businesses. Administered by the Vermont Economic Development Authority, the program supports eligible business financing needs such as working capital, equipment, real estate, and expansion costs, with a focus on startups, underserved markets, and businesses owned by socially and economically disadvantaged individuals.
Eligibility
Vermont small businesses and startups seeking eligible financing through VEDA or participating lenders under SSBCI rules.
Requirements
- Business must operate in Vermont.
- Applicant must qualify as an eligible small business under SSBCI requirements.
- Applicant must work through VEDA or an approved participating lender.