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Financing for Vermont Businesses and Farms

VEDA contributes to Vermont’s economic vitality by providing a broad array of financing programs to eligible businesses that create jobs and help advance Vermont’s public policy goals.

Agricultural Financing

We finance all types of farming operations. Agriculture

Commercial Financing

We finance companies that make everything from ice cream to eyewear and steel. Commercial

Energy Financing

We finance energy generation and efficiency projects for businesses, farms and municipalities. Energy

VEDA COVID-19 RESOURCES

Get current information about disaster relief financing programs, including PPP and VEIDL. Visit COVID Page

VEDA Remains Fully Operational During COVID-19

We are committed to providing Vermonters with updated information about our lending programs, including potential disaster relief financing.

If you're a current borrower with questions, please call your loan officer, or call our main line: (802) 828-5627.

Click here to learn more and apply to the SBA Paycheck Protection Program (PPP). If you have a PPP Loan, click here to download the PPP Loan Forgiveness Application from U.S. Treasury. 

VEDA will establish applications and implement the Vermont Economic Injury Disaster Loan and Grant program (VEIDL) once enacted by the Legislature and signed into law by the Governor. Click here for the most up-to-date news and guidance from VEDA and its partners.

What is veda?

VEDA is Vermont’s economic development finance authority, staffed by a seasoned group of Vermont professionals. With over 300 years in combined lending experience, the VEDA team is dedicated to meeting the financing needs of Vermont businesses and farms. Since 1974, VEDA has provided $2.5 billion in low-interest financing to Vermonters.
Learn More About VEDA

Our borrowers say it best

Since inception, VEDA has helped businesses and farms create jobs for Vermonters and enhance Vermont’s working landscape. The stories of VEDA’s borrowers reflect Vermont’s changing economy over the years, with VEDA playing a central role in helping them bring their business dreams and projects to fruition.
View Success Stories & Testimonials

273

Loan Closings

$8.6 Million

Energy Generation Loans

$25.12

Average Hourly Wage

$93.3 Million

Private Capital Leveraged

$15.5 Million

Commercial Loans

$2.5 BILLION

FINANCINGS APPROVED SINCE 1974

$266.7 MILLION

LOAN PORTFOLIO AS OF 6/30/18

$21.6 MILLION

AGRICULTURAL LOANS

$7.4 MILLION

SMALL BUSINESS LOANS

OVER 300 YEARS

STAFF’S COMBINED LENDING EXPERIENCE

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Borrowers

Dale Aines Deep Analytics Full Belly Farm Northern Gas Transport NU Chocolat RTAT Precision Machining Saxton's River Distillery Vermont Tent Company Past Borrower Stories

About

Overview What is VEDA? Board of Directors Meeting Minutes Management Staff Directory Annual Reports Job Opportunities VEDA's 40th Anniversary

Contact Us

58 East State Street, Suite 5,
Montpelier, VT 05602 60 Main Street, Suite 202,
Burlington, VT 05401 1590 Route 7 South, Unit 1,
Middlebury, VT 05753 36 Eastern Ave #8,
St Johnsbury, VT 05819

802.828.5627 info@veda.org
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