Their web site has much useful information about what is available in business assistance and tax incentives . It also includes specifics about loans. The goal is to guide businesses through the myriad of sources of aid. Funding for programs comes from private foundations, federal, state and local governments, local businesses and private individuals. Central Vermont Revolving Loan Fund Central Vermont Economic Development Corp.
Interest rates are generally slightly below market rate.
The program connects borrowers with technical assistance providers. The City also offers a low-interest loan program for handicapped accessibility improvements, with priority given to downtown buildings. The City has successfully obtained grant funds through the Vermont Community Development Program to assist projects that create or retain jobs, provide housing, or provide other services to benefit low and moderate-income persons. For businesses seeking to expand in or relocate to Montpelier, the City may be able to assist in finding a suitable location. Tax stabilization may be available to business expansions or relocations that meet City policies.