Loans / Grants
There are a multitude of resources and financing opportunities through local lenders as well as alternative solutions to assist with your new or growing business.
Traditional Banks and Credit Unions in Vergennes
Community Bank, NA
Offers fixed or variable-interest rate options for term loans and commercial mortgages.
National Bank of Middlebury
Offers business loans and solutions to meet all of your borrowing needs from start-ups to purchasing equipment or refinancing existing debt.
One Credit Union
Offers business services and loans for your needs.
People's United Bank
Offers a multitude of options for your business needs.
Vermont Federal Credit Union
Offers its own unique blend of products and services for businesses.
Additional Financing Solutions
Addison County Economic Development Corporation (ACEDC)
Addison County Economic Development Corporation operates several Revolving Loan Funds to help fulfill its mission of helping businesses in all stages of growth retain and create good paying jobs in Addison County.
Community Capital of Vermont (CCVT)
Helps small businesses and lower income entrepreneurs prosper through the provision of flexible business financing.
Fresh Tracks Capital
Provides venture capital financing to promising young companies with a focus on businesses with a significant presence in Vermont.
Vergennes Revolving Loan Fund
Offers loans involving affordable housing, small business development, and infrastructure improvements to support community and economic development.
Vermont Community Foundation
Builds philanthropic resources that will sustain healthy and vital Vermont communities now and into the future.
Vermont Community Loan Fund (VCLF)
Provides loans, grants and supporting services for affordable housing, local businesses, child care providers and community organizations.
Vermont Economic Development Authority (VEDA)
Works in partnership with private lenders, VEDA customizes financing solutions to fit the individual needs of borrowers, whether large or small, agricultural or commercial.
Vermont Small Business Development Center
Serves as a comprehensive resource for existing business as well as start-up entrepreneurs offering resources for grants(link to http://www.vtsbdc.org/about/faq) .
Vermont Sustainable Jobs Fund
Provides early stage grant funding, technical assistance, and loans to catalyze and accelerate the development of markets for sustainably produced goods and services.