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VT

Vermont Economic Development Authority Small Business Loans

State economic development financing for Vermont businesses seeking fixed asset, working capital, or expansion capital.

About this program

VEDA provides loan and financing programs to support Vermont business development, agricultural enterprises, energy projects, and economic growth. Burlington businesses may use VEDA financing in partnership with banks and other lenders for expansion, equipment, real estate, and working capital.

Eligibility

Vermont businesses meeting VEDA program, underwriting, eligible use, and economic benefit requirements.

Requirements

  • Apply through VEDA or with a participating lender
  • Provide business financials, project budget, collateral, ownership information, and use-of-funds documentation
  • Meet underwriting, repayment, and economic development requirements