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Rutland Economic Development Corporation Add to Collection

rutlandeconomy.com/serviceslendfinance.php
jstewartREMOVETHISBEFORESENDING@rutlandeconomy.com
(802) 773-9147
112 Quality Lane
Rutland, VT 05701

REDC provides fixed rate loans through its Revolving Loan Fund. Funds are available for both existing or start-up businesses. REDC's program is unique because it can finance businesses that are having difficulty obtaining traditional financing due to the unproven nature of their business, their small size or unconventional product line. REDC works extensively with local banks and financial institutions, often serving as the "gap financing piece" to help meet the unmet funding needs of area businesses. Loans are available for a wide range of initiatives, from working capital to installing new machinery or buying land and/or buildings. REDC is an equal opportunity lender, with funds available on a non-discriminatory basis. REDC's Revolving Loan Fund providebusinesses with loans of typically between $5,000 - $75,000.