VERMONT

Ms. Rosalea W. Bradley, VEDA CEO
Ms. Sarah Isham, Senior Agricultural Loan Officer
Mr. Charles Keeler, Agricultural Loan Officer
Ms. Patricia Duffy, Agricultural Loan Officer
Mr. David Lane, Agricultural Loan Officer
Vermont Economic Development Authority
58 E State St, Ste 5
Montpelier, VT 05602-3044
Telephone: (802) 828-5627 FAX: (802) 828-5474
E-mail: sisham@veda.org; ckeeler@veda.org; pduffy@veda.org; dlane@veda.org
Website: www.veda.org
Organization Began: 1975

Program/Project Title: Vermont Agricultural Credit Corporation
Program Began: 1988
Contact Person: Sarah Isham/Charles Keeler/Patricia Duffy/David Lane
Target Group: Farmers who are not having their credit needs fully met by conventional agricultural credit sources at reasonable rates and terms.
Description: Direct lending program with loan limits of up to $1,112,000 per borrower. Preference is to participate with commercial lenders in large projects. Can make both operating loans and farm ownership loans. Many 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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