LEDC

Lamoille Economic Development Corporation

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Financial Resources Information

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LEDC

arrow-transparent-400Helping 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. Learn more about the Lamoille County Revolving Loan Fund and read the “Available Funding News” blog.

BANKS, ALTERNATIVE LENDERS AND VTSBA

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 Address Point of Contact Telephone Number
TD Bank
90 Main Street,
Montpelier, VT 05602
Marino Bartolomei 802-371-1615
People’s United Bank
1069 Mountain Road
Stowe, VT 05672
Jill-Jaret Rossi 802-253-8525
People’s United Bank
19 Morrisvile Plaza
Morrisville, VT 05661
Deanna Wood 802-888-1410
Community National Bank
Stonegrill Plaza
116 VT Route 15 West
Morrisville, VT 05661
Heather Bradley 802-888-4633
Merchant’s Bank
103 Lower Main Street
Johnson, VT 05656
Jodi L. Tallman 802-635-2371
Union Bank
20 Lower Main Street
P.O. Box 667
Morrisville, VT 05661
Bob Richardson 802-888-6600
Union Bank
Northgate Plaza, Rte. 100
P.O. Box 667
Morrisville, VT 05661
Sherrie Bull 802-888-6860
Union Bank
47 Park Street
P.O. Box 419
Stowe, VT 05672
Karen C. Noyes 802-253-6600
Union Bank
198 Lower Main Street
P.O. Box 614
Johnson, VT 05656
Greta Meyer 802-635-6600
Union Bank
44 Main Street
P.O. Box 369
Jeffersonville, VT 05464
Susan Lassiter 802-644-6600
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 Ducharme 802-828-6083
VEDA
58 East State Street
Suite 5
Montpelier, Vermont 05602
 Steven Greenfield 802-828-5627
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 Fury 802-479-0167; X.5
VSJF Flexible Capital Fund
3 Pitkin Ct, Ste 301E
Montpelier, VT  05602
Janice St. Onge  802-828-3753
USDA Farm Service Dirk Reith  802-527-1296;X.110

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About Lamoille Economic Development Corporation

We are a private non-for-profit corporation sponsored by Lamoille County businesses and municipalities as well as the State of Vermont. Our Mission is to strengthen the county’s economy through facilitating the creation and expansion of jobs and businesses and investing for the prosperity of Lamoille County communities. Our services are available to all businesses in all commercial sectors whether they are existing businesses looking to expand, start-ups or businesses seeking to relocate to Lamoille County.

LEDC

P.O. Box 455, (582 LaPorte Rd) Morrisville, VT 05661

Phone:+1 802-888-5640

E-mail:info@lamoilleeconomy.org

Website:https://lamoilleeconomy.org

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