Direct Loan Program Subchapter 5 (Vermont)

From Open Energy Information


Last modified on February 12, 2015.

EZFeed Policy

Place Vermont


Applies to States or Provinces Vermont
Name Direct Loan Program Subchapter 5 (Vermont)
Policy Category Financial Incentive
Policy Type Loan Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy
Active Policy Yes
Implementing Sector State/Province















Primary Website http://www.veda.org/financing-options/vermont-commercial-financing/direct-loan-program/


Last Review 2014-09-15



Summary

The Direct Loan Program assists Vermont borrowers in financing fixed assets and in cooperation with commercial banks. The Vermont Economic Development Authority may either make its own direct loan or purchase a portion of a bank loan to enable greater access to debt financing for Vermont businesses. The loan may be used for the purchase of land and buildings, including construction or renovation, and for the purchase and installation of machinery, equipment, furniture, and fixtures.


Policy Contact

Department Vermont Economic Development Authority
Address 58 East State Street
Address 2 Suite 5
Place Montpelier
Zip/Postal Code 5602
Phone 802.828.5627


Email info@veda.org


















References