The Vermont 503 Corporation is a non-profit corporation created by VEDA in 1984 to promote economic growth through its administration of several economic development finance programsand is the statewide CDC for the issuance of SBA 504 Debentures. The Vermont 503 Corporation and VEDA share a common directorate and staff. The Vermont 503 Corporation, with SBA's approval, makes loans to qualified borrowers. The SBA issues debentures which are sold in the public market. The proceeds of the debenture are then loaned to the borrower.
Funds are also available for the purchase of farm real estate.