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 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 116 VT Route 15 West Morrisville, VT 05661 | Sarah Chadburn | 802-888-4633 |
| Community Bank, N.A. 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 | Tina Norton | 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 | Anita Lotto | 802-253-3880 |
| Union Bank 198 Lower Main Street P.O. Box 614 Johnson, VT 05656 | 802-635-6600 | |
| Union Bank 44 Main Street P.O. Box 369 Jeffersonville, VT 05464 | Amanda Bosley | 802-527-3203 |
| 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 | Cassie Polhemus | 802-828-5458 |
| 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 |
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.
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.