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Vermont Small Business Development Center Microloan

Vermont Small Business Development Center / Vermont Economic Development Authority (VtSBDC)VT-MICRORefreshed 1 month ago
Do I qualify?
Max funding

$35K

per applicant

Type

Loan

Below-market financing

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Apply when you're ready

Complexity

Moderate

Underwriting required

About This Program

Microloans of $5,000–$35,000 for Vermont small businesses and startups that cannot obtain traditional bank financing. VEDA's microloan program provides below-market rate loans combined with technical assistance from SBDC advisors to help new Vermont businesses succeed.

Key Requirements & Eligibility

  • 1Vermont-based small business or startup
  • 2Loan: $5,000–$35,000 at below-market rates
  • 3Must have been denied conventional bank credit
  • 4Business plan and cash flow projections required
  • 5Technical assistance participation required

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Vermont-based small business or startup

2.Loan: $5,000–$35,000 at below-market rates

3.Must have been denied conventional bank credit

4.Business plan and cash flow projections required

5.Technical assistance participation required

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