Financing
NVDA is a link to business consulting services throughout Vermont. Our staff has helped prepare funding requests as well as strategic planning for businesses in relocation and expansion efforts.
NVDA's partnership with the VT Small Business Development Center enhances its capability of assisting your business through identifying your needs and offering solutions.
NVDA promotes quality jobs for all residents in the area by advancing the infrastructure in the area, forging partnerships in marketing efforts and advocating polices to support employment opportunities.
If you are interested in any of our financing programs please contact Judy Butson at (802) 748-518. Our Loan Application Form is available for download (pdf) or in hardcopy at our St. Johnsbury Office.
The Intermediary Relending Program (IRP) is a lending program funded by USDA Rural Development. It is especially intended to help small business start-ups and expansions, providing jobs and economic stability to the region.
NVDA makes these loans available to local businesses. The revolving feature enables lending capital to be constantly refreshed by paybacks; the refreshed capital is then made available to new applicants.
The Regional Revolving Loan Fund (RLF) is an older, smaller and more locally-controlled program. It is designed for smaller loans to clients whose proposals don’t fit well into other programs.
