Explore Vermont’s Food System
The Loan Fund has provided flexible financing and business development services for small farms, local food producers and natural resources-based entrepreneurs for 20 years. In 2011, we partnered with The Carrot Project (thecarrotproject.org) to provide in-depth technical assistance tailored to meet the needs of small- and mid-sized farms and…
Executive Director of the Vermont Community Loan Fund A nonprofit, mission-driven alternative lender and Community Development Financial Institution (CDFI), the Vermont Community Loan Fund (VCLF) creates opportunities leading to healthy communities and financial stability for all Vermonters. An expert in finding and financing opportunities that traditional lenders overlook or avoid, VCLF puts capital in the hands of Vermont entrepreneurs and organizations who can’t get it anywhere else, all to benefit the Vermonters who need it most. We make loans and provide financial consulting and business development services to help lower-income Vermonters access safe, affordable homes, quality jobs, early care & education and other essential services. We seek to serve Vermonters who traditionally lack equitable access to credit, including lower-income Vermonters, communities at risk, and women.
Jake Is Director of Development for the Vermont Community Loan Fund. An expert in finding and financing opportunities that don’t qualify for credit from traditional lenders, the Vermont Community Loan Fund (VCLF) puts capital in the hands of VT's small businesses, entrepreneurs and community organizations who can’t access it anywhere else, to benefit the Vermonters who need it most. We finance businesses and programs that help lower-income Vermonters access safe, affordable homes, quality jobs, quality early care & education and essential community services. The money we lend comes from the community: individuals & families, corporations, state & federal governments, foundations, financial institutions, faith-based groups and others who want to align their investments with their values, earning them a social or "community" return as well as a financial return. We make sure our borrowers have access not just to capital, but to the other tools and resources they need to succeed. We provide comprehensive business development services, both in-house and in partnership with outside partners and collaborators. In 2009, we were designated VT’s first-ever statewide US SBA microlender intermediary; in 2013, we were honored as VT SBA's Microlender of the Year. VCLF was designated an SBA-guaranteed Community Advantage lender in 2014. As of December 31st, 2014, our portfolio consisted of 252 loans totaling $26.4 million, representing jobs for 1,532 Vermonters, 1,552 affordable homes, child care for 1,342 children and organizations serving 45,791 Vermonters annually. Since 1987, we’ve made over 850 loans surpassing $85 million that have created or preserved employment for 4,500 Vermonters, 3,700 affordable homes, quality care for 3400 children and essential services for hundreds of thousands of Vermonters. The Loan Fund has provided flexible financing and business development services for small farms, local food producers and natural resources-based entrepreneurs for 20 years. In 2011, we partnered with The Carrot Project (thecarrotproject.org) to provide in-depth technical assistance tailored to meet the needs of small- and mid-sized farms and agricultural organizations. In 2015, we launched our Food, Farms & Forests Fund to meet the Vermonters' capital needs around sustainable agriculture, healthy food production and the working landscape.
The Vermont Community Loan Fund is a mission-driven, community-focused alternative lender. We make loans to local businesses, community organizations & nonprofits, child care providers and developers of affordable housing who don’t qualify for a loan from a traditional lender. We combine our loans with financial consulting and business development services to make sure our borrowers have access to everything they need to succeed.
Flexible financing from a lender who understands your business, Learn more at investinvermont.org
CategoriesAccess to capital, Loans / debt, Loan guarantees, Other: Financing Organizations, Tax credits / incentives
123 St. Paul Street
Burlington, Vermont 05401
Vermont Rural Ventures invests in the economic, environmental, and social well-being of Vermont. We seek to retain or create jobs and essential goods and services for Vermonters by financing key community developments in downtown and village centers and in efforts that demonstrate positive impacts on Vermont’s economic, health care, energy…
Senior Investment Officer
Vermont Rural Ventures
123 St. Paul Street
Burlington Vermont, 05401
Vermont Rural Ventures (VRV) helps Vermont businesses and nonprofits grow or expand with patient, equity-like funds. We invest in the economic, environmental, and social well-being of Vermont. VRV looks for projects that retain or create jobs and essential goods and services for Vermonters. We finance key community developments in downtown and village centers and in other concerted community efforts that demonstrate positive impacts on Vermont’s economic, health care, energy and food systems. Vermont Rural Ventures is a qualified community development entity operated by Housing Vermont. Beth Boutin serves as Vermont Rural Ventures’ main point of contact. She is responsible for program outreach, developing and managing a pipeline of opportunities, structuring, sourcing debt and equity capital, and managing each project seeking and receiving financing.
financing, tax credits, gap financing, investment, incentive
CategoriesConvertible debt, Equity, Grants, Loans / debt, Loan guarantees, Program related investment (PRI), Credits / incentives, Leases, Other: Financing Organizations, Tax credits / incentives
In Vermont we offer a loan fund for small & medium sized farm and food enterprises, for loans up to $50,000, and we offer related business and financial technical assistance to borrowers or potential borrowers. To operate the loan fund we collaborate with our partner, Vermont Community Loan Fund.…
The Carrot Project
89 South St
Boston MA, 02111-2670
Loans, Technical Assistance, Business Planning, Cash Flow Planning, Financing Resources, Slow Money Investments
CategoriesAccess to capital, Accounting and taxes, Feasibility and planning, Loans / debt, Program related investment (PRI)
1 National Life Drive Deane C. Davis Building
Montpelier, VT 05620
Vermont Department of Economic Development
1 National Life Drive
Deane C. Davis Building
Montpelier VT, 05620
technical assistance, financing, government contracting, international trade, training, permitting, register your business, incentives, grants
CategoriesAgriculture and culinary tourism, Support organization: Marketing, Support organization: Farm Inputs, Support organization: Food Production, Support organization: Food Processing or Manufacturing, Support organization: Food Distribution or Storage, Support organization: Retail Food Outlets, Support organization: Education, Support organization: Workforce Development, Access to capital, Accounting and taxes, Feasibility and planning, Human resources, Infrastructure, Marketing, Packaging and safety, Production / Processing technical assistance, Regulations and permits, Other: Business Planning and Technical Assistance, Equity, Grants, Loans / debt, Loan guarantees, Credits / incentives, Regulations and Public Policy, Tax credits / incentives
For over four decades the Vermont Economic Development Authority (VEDA) has partnered with Vermont banks and other lenders to provide low-interest loans to Vermont businesses and farms, both large and small. VEDA has a program dedicated to providing agricultural financing -- the Vermont Agricultural Credit Corporation (VACC) -- which works with…
Cassie Polhemus is VEDA’s Chief Operating Officer (COO). Cassie joined VEDA in 2013 as a Commercial Lender and became VEDA’s Director of Operations in 2014. In January, 2017, Cassie became VEDA's COO. Cassie has over twenty years of experience in commercial lending and risk management with financial institutions. Prior to joining VEDA, she was Senior Vice President and Risk Manager for Northeast Member Business Services, a credit union service organization providing small business lending services to credit unions in New England and California. From 1987 to 1999, she held various commercial lending and credit management positions at banks in Connecticut and Vermont. Cassie earned a B.A. in Economics from Williams College. Cassie may be reached at 802-828-5459 or firstname.lastname@example.org.
commercial financing, agricultural financing, small business financing