Our guide offers a thorough review of small business lenders in Vermont, utilizing dependable data. These entities are ranked by the total number of small business loans they have issued over the year.
Essentially, our directory highlights the financial organizations and lenders that are most committed to aiding small enterprises across the state.
(This stands out from several online resources, which often concentrate on non-profit organizations that infrequently engage in lending or government initiatives that remain out of reach for a large segment of businesses!)
Takeaway: Despite being a small state, most of Vermont’s small business loans get issued by local, Vermont-based banks and credit unions.
Methodology: Our research is informed by SBA 7a loan data, verifying that each lender featured offers SBA financing. Additionally, we've highlighted other small business financing options they present on their websites.
Conventional banks typically require high credit scores and a business operation history of no less than two years. In response, our guide introduces two alternative funding options aimed at small business owners facing challenges with lower credit ratings or those in the early stages of their entrepreneurial journey in Vermont.
