Montpelier, VT - The Vermont Economic Development Authority (VEDA) has announced that aggregate loan limits for agricultural and forest products borrowers have increased substantially. Effective July 1, 2014, the statutory limit on the aggregate outstanding loan balances to any borrower at any time through VEDA’s agricultural loan program, the Vermont Agricultural Credit Corporation (VACC), has gone from $1.355 million to $2.0 million.

Montpelier, Vermont -- The Vermont Economic Development Authority (VEDA) announced today that it has secured additional funding of more than $4.4 million for lending to Vermont’s small businesses through the third disbursement from the U.S. Treasury Department’s State Small Business Credit Initiative (SSBCI). The disbursement is the final allocation of a total $13.2 million awarded to Vermont by the U.S. Treasury in May, 2011.

Montpelier, VT – The Vermont Economic Development Authority (VEDA) has approved over $5.2 million in financing for energy, agricultural and commercial development projects throughout Vermont.

From a USDA Rural Development Press Release:

WATERBURY, Vt. —Danielle Nichols was looking for a career change in 2011 and dreamed of opening her own business.

Montpelier, VT – The Vermont Economic Development Authority (VEDA) has approved $4.7 Million in development financing for commercial energy, small business and agricultural projects throughout Vermont. Financing approvals by the Authority include:

Montpelier, VT – The Vermont Economic Development Authority (VEDA) recently approved $4.5 million in financing to support economic development projects throughout Vermont. “This round of Authority approvals included manufacturing, agricultural and small business loans,” said Jo Bradley, VEDA’s Chief Executive Officer.

Montpelier, VT – The Vermont Economic Development Authority (VEDA) approved $10.3 million in commercial development financings, leveraging additional investment of $16 million to help support commercial projects totaling $26.3 million. The Authority also approved $6.1 million in agricultural and drinking water system improvement loans, bringing total VEDA financing approvals for the last three months to $16.4 million.

Burlington, VT – VEDA’s $64.3 million in financing in FY 2013 leveraged $120.8 million in private capital for commercial, small business and agricultural projects that totaled $185.1 million. Of the loans VEDA closed in 2013, 79 commercial and small business loans impacted 2,696 jobs having an average hourly wage of $31.71, including benefits.

Montpelier, VT – New financing for Vermont commercial, small business and agricultural sustainable energy projects is available at the Vermont Economic Development Authority (VEDA). A bill creating the new Vermont Sustainable Energy Loan Fund was signed into law by Governor Peter Shumlin this summer, and project applications are now being invited by the Authority.