MONTPELIER, VT – Business loans and bond financings totaling $19.8 million were approved recently by the Vermont Economic Development Authority (VEDA). It is estimated that VEDA’s assistance will help stimulate $33 million in economic development activity throughout the state.

VEDA is pleased to have been named by the U.S. Small Business Administration (SBA) as Vermont's 2012 Financial Services Champion of the Year. "This is an incredible honor for the VEDA Staff," said VEDA Chief Executive Officer Jo Bradley. "I am so proud of the Authority's great team of professionals, who work so hard on behalf of Vermonters every day."

MONTPELIER, VT – VEDA has approved $32 million in loan and bond financing forseveral business development projects, including bond reissuance for a large non-profit retirement community, expansion of a Morrisville manufacturing facility, and construction of a new boutique hotel inBurlington.

MONTPELIER, VT – Business loans and bond financings in excess of $10.4 million have been approved by the Vermont Economic Development Authority (VEDA). It is estimated that the VEDA financing will help stimulate $15.5 million in economic development activity throughout the state.

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) has approved business and agricultural financings totaling $11 million, helping stimulate $25 million in economic development activity throughout the state.

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) has approved $13.4 million in financing to support economic development projects throughout Vermont.

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) has approved $5.6 million in business and agricultural financing, helping to leverage enough private investment to support economic development projects totaling $13.4 million.

South Burlington, VT – Direct loan closings by the Vermont Economic Development Authority (VEDA) to Vermont commercial businesses and farms were up for the third year running as of June 30, 2011. And financings not directly included on the Authority’s balance sheets – such as industrial development bonds, mortgage insurance contracts, and SBA 504 loans – were more than double those of the year before.

MONTPELIER, VT – The Vermont Economic Development Authority (VEDA) has approved $6.9 million in economic development financing to businesses throughout the state.

WASHINGTON – Today, the U.S. Department of the Treasury and Vermont Governor Peter Shumlin announced the approval of Vermont’s State Small Business Credit Initiative (SSBCI) application. Vermont’s planned use of the SSBCI funds will help create new jobs and spur more than $132 million in additional small business lending in that state. The SSBCI program, which supports state-level small business lending programs, is an important component of the Small Business Jobs Act that President Obama signed into law last fall.