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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 PPP RESOURCES

Apply to the SBA's Paycheck Protection Program (PPP) soon, deadline is May 31. Visit PPP Page

 

 

VEDA Remains Fully Operational During COVID-19

We are committed to providing Vermonters with updated information about our lending programs. If you're a current borrower with questions, please call your loan officer, or our main line at (802) 828-5627.

PLEASE NOTE:  The SBA is close to exhausting the funds available for PPP forgivable loans; it is highly anticipated funds will run out prior to the May 31st program deadline. We encourage you to submit your completed application as soon as possible but cannot guaranty it will be processed prior to funds running out.      

Visit our COVID news page for information about State and Federal COVID-19 relief options 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