VERMONT

Ms. Rosalea W. Bradley, VEDA Manager
Mr. Charles Keeler, Loan Officer
Ms. Sarah Isham, Loan Officer
Vermont Economic Development Authority
58 East State Street, Suite 5
Montpelier, VT 05602-3044
(802) 828-5627
FAX (802) 828-5474
www.state.vt.us/veda
ckeeler@veda.state.vt.us & sisham@veda.state.vt.us

Vermont Agricultural Credit Corporation
1988
Charles Keeler/Sarah Isham
Farmers who are not having their credit needs fully met by conventional agricultural credit sources at reasonable rates and terms.

Direct lending program with loan limits of up to $500,000 per borrower, of which a maximum of $300,000 can be for refinancing. Preference is to participate with commercial lenders in large projects. Can make both operating loans and farm ownership loans. Most loans require a 90 percent FSA guarantee, but smaller loans may be made without a guarantee. Can also make loans for purposes not eligible for a guarantee (i.e., ag processing, custom operators, etc.).

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