Financial Resources

Serving Lamoille County’s business community for more than 50 years.

LEDC Lending

Helping our economy grow by developing tools and providing business assistance is the core of Vermont’s economic development plan. Putting this assistance together to benefit low-to-moderate income residents is what Lamoille Economic Development Corporation (LEDC) has done with the Lamoille County Revolving Loan Fund.

Growing businesses often need financing beyond what their primary bank is able to lend them. Small businesses may need loans too small for banks to find profitable. The fund is intended to supplement existing or private sources of funding for small and medium sized businesses whose economic activity has a direct benefit to low-to-moderate income residents. 

Banks & Alternative Lenders

Vermont’s banks, vital resources for the business community, help stimulate local businesses by working with our state strategic partners and with the Small Business Administration and Vermont Community Development Program.

Lamoille County has several commercial lending institutions with significant asset value. Many offer a wide spectrum of services, from cash management, certificates of deposit, letters of credit, and business and agricultural loans to international services, payroll services, and employee benefit plans. These local banks are more than willing to work with businesses, industries, and institutions, as well as with individuals, to develop the package of services appropriate to their needs.

Commercial Lenders Serving Lamoille County

Bank and AddressPoint of ContactTelephone Number
TD Bank
90 Main Street,
Montpelier, VT 05602
Marino Bartolomei802-371-1615
People’s United Bank
1069 Mountain Road
Stowe, VT 05672
Jill-Jaret Rossi802-253-8525
People’s United Bank
19 Morrisvile Plaza
Morrisville, VT 05661
Deanna Wood802-888-1410
Community National Bank
Stonegrill Plaza
116 VT Route 15 West
Morrisville, VT 05661
Heather Bradley802-888-4633
Merchant’s Bank
103 Lower Main Street
Johnson, VT 05656
Jodi L. Tallman802-635-2371
Union Bank
20 Lower Main Street
P.O. Box 667
Morrisville, VT 05661
Bob Richardson802-888-6600
Union Bank
Northgate Plaza, Rte. 100
P.O. Box 667
Morrisville, VT 05661
Sherrie Bull802-888-6860
Union Bank
47 Park Street
P.O. Box 419
Stowe, VT 05672
Karen C. Noyes802-253-6600
Union Bank
198 Lower Main Street
P.O. Box 614
Johnson, VT 05656
Greta Meyer802-635-6600
Union Bank
44 Main Street
P.O. Box 369
Jeffersonville, VT 05464
Susan Lassiter802-644-6600
Yankee Farm Credit
250 Commerce Way
Newport, VT  05855
 Loren Petzoldt(802) 334-8050
   
SBA
Small Business Administration
Refer to your local banker 

Alternative Lenders

USDA – RD
89 Main St
City Center 3rd Fl
Montpelier, VT 05602
 Cheryl Ducharme802-828-6083
VEDA
58 East State Street
Suite 5
Montpelier, Vermont 05602
 Steven Greenfield802-828-5627
Vermont Community Loan Fund
P.O. Box 827
Montpelier, VT  05601
Sam Buckley 802-224-9147
Community Capital of Vermont
P.O. Box 342
Barre, VT  05641
Leah Fury802-479-0167; X.5
VSJF Flexible Capital Fund
3 Pitkin Ct, Ste 301E
Montpelier, VT  05602
Janice St. Onge 802-828-3753
USDA Farm ServiceDirk Reith 802-527-1296;X.110

25,362

Lamoille County Residents

952

Women-Owned Businesses

98

Minority-Owned Businesses

960

Businesses Who Employ Workers

What's happening

Check in here often for the latest news regarding economic development opportunities in Lamoille County.

Lamoille Economic Development Corporation

LEDC

Membership Benefits

We offer our members funding, services, and support and we retain a full-time staff to provide these services. We hope you will take advantage of all LEDC offers.

Community

Meet Our Members

Our members cover a wide array of industries, from hospitality and dining to outdoor sports and more. Get to know our team today!

Lending

Revolving Loan Fund

We provide loans to small and medium sized businesses located in or moving to Lamoille County, Vermont. If your in need of business funding, lets talk.

Your Partner In
Growing The Future.

We hope you will join us in our ongoing mission to promote and grow Lamoille County’s economy. As business owners and community members, we are stronger when we work together.