Financing for Vermont Businesses and Farms

Energy Financing

Program Title Program Details
Commercial Energy Loan Program Loans up to $2 million (or 40% of a project, whichever is less) to finance larger qualifying renewable energy generation and energy efficiency projects; Eligible businesses include all those listed above in the Direct Loan Program, as well as non-profit business entities and municipalities, with the exception of housing-related businesses; VEDA may also purchase a portion of an eligible bank loan.
Small Business Energy Loan Program Loans up to $500,000 to finance smaller qualifying commercial renewable energy and energy efficiency improvement projects; Eligible businesses include all those listed above in the Small Business Loan Program, as well as non-profit business entities and municipalities, with the exception of housing-related businesses.
Agricultural Energy Loan Program This program helps Vermont agricultural and forest product-based businesses to finance qualifying renewable energy generation and energy efficiency improvement projects, and to adopt technologies that enhance or support the development and implementation of renewable energy or energy efficiency, or both.
Montpelier Heating District Loan Program This program makes loans to Montpelier businesses that wish to connect to the City of Montpelier’s (City's) new heating district improvements.
Electric Vehicle Charging Station Program This program utilizes State Infrastructure Bank (SIB) funds to finance the purchase and/or installation of electric vehicle charging stations available for public use.