Program Title	Program Details
Direct Loan Program	Loans up to $1.5 Million (or 40% of a project, whichever is less) to finance land & buildings and/or machinery and equipment; Eligible businesses include manufacturing, processing, warehousing, research and development, travel and tourism, information technology, certain energy generation projects, and others as defined in statute; Project must involve private (i.e., bank or credit union) financing for some portion of project; and VEDA may also purchase a portion of an eligible bank loan.
Small Business Loan Program	Loans up to $350,000 to finance both fixed assets and working capital; and Eligible borrowers must be U.S. citizens and unable to access conventional credit.
Technology Loan Program	Loans up to $250,000 to assist companies in the technology sector; and Loans may be made for working capital or fixed assets.
Mortgage Insurance Program	Insurance of up to 75% of a bank loan, not to exceed $1 million; Insured loan may be for fixed assets and/or working capital; and Eligible businesses include manufacturing, processing, warehousing, research and development, travel and tourism, information technology, certain energy generation projects, and others as defined in statute.
Local Development Corporation Program	Loans to nonprofit local and regional development corporations for land for industrial parks, industrial park planning and development, construction or improvement of “spec” buildings or small business incubator facilities.
Revenue Bond Program	Tax-Exempt Bonds may be issued for certain manufacturing or 501(c)(3) entities; Best utilized for projects over $1 million; limit is $10 million per Federal statute; Bonds do not carry guarantee of VEDA or the State of Vermont; Marketability and rate based on creditworthiness of borrower.
SBA 504 Program	Financing up to 40% of a project for acquisition of land and buildings, improvements, or for the purchase of machinery and equipment; and Eligibilty requirements per SBA regulations.
Vermont Capital Access Program	Designed to encourage the extension of credit to businesses which might otherwise have difficulty accessing credit.  Establishes a pooled portfolio cash reserve with participating banks, which is available to cover losses on enrolled loans.
Business Energy Conservation Loan Program	Loans up to $150,000 to purchase and install: thermal envelope improvements; power, heating, ventilation and cooling system improvements; lighting and new HVAC equipment that is certified as energy-efficient; and For projects costing more than $20,000, applicants will work with Efficiency Vermont to ensure that projects meet cost-effectiveness requirements.
Brownfields Revitalization Program	Loans to assist in the redevelopment of eligible contaminated properties that meet the EPA definition of ‘Brownfields’; and Available to for-profit, not-for-profit and municipal entities deemed eligible under State’s Redevelopment of Contaminated Properties Program (RCPP).
State Infrastructure Bank Program	Loans for construction or reconstruction of highways, roads and bridges or certain rail transit facilities; purchase of 7-15 passenger commuter van(s); and Eligible entities include municipalities, regional development corporations or political subdivisions of the state. Private sector companies entering into a contract with a public authority to carry out a qualified project or companies or groups of individuals purchasing a commuter van(s) are also eligible.
State Drinking Water Program	Privately-owned community and privately-owned nonprofit, non-community public water systems are eligible; Loans to plan, permit, design, construct, repair or improve an existing eligible water system to comply with federal and state standards; and Projects must be reviewed and recommended by the Agency of Natural Resources.
Export Assistance	As the City/State Partner of the United States Export-Import (Ex-Im) Bank, VEDA provides loan packaging and is the Vermont liaison with the Ex-Im Bank in Washington, D.C.; and VEDA may also provide a direct source of financing for support of export sales through Ex-Im Bank’s working capital guarantee and insurance programs.