GMEDC wants to help your business succeed. Whether you are trying to grow or simply get off the ground, we can help you apply for regional, state, and federal funding sources that meet your business needs. GMEDC also manages regional loan opportunities such as the Hartford Business Revolving Loan Fund.
Grant programs are constantly changing and operate under different timelines and eligibility requirements. GMEDC will work with you to identify appropriate State and Federal grant opportunities and provide guidance in preparing your application package.
Beyond traditional commercial lending, advances in technology and community lending practice provide alternatives such as Revolving Loan Funds. GMEDC can share current lending trends in addition to assessing eligibility for revolving loan funds under our management.
The Hartford Business Revolving Loan Fund (HBRLF) was established by the Town of Hartford to assist local businesses in creating or retaining employment in Hartford.
Loans are made to these businesses at favorable rates and terms to enhance the economic vitality and stability of the community.
Whenever possible, the fund is used to complement other financing sources.
CRITERIA FOR LENDING
• For businesses in Hartford
• Current on Hartford taxes
• Repayment ability
• Adequate security
• Priority is given to loan requests that leverage other funds
Assistance in completing applications is offered by the Green Mountain Economic Development Corporation (GMEDC) and the VT Small Business Development Center.
For questions or additional information, contact Mark Condon at mcondon@gmedc.com or 802-295-3710 ext. 101
If your small business has been negatively impacted by a disaster such as a fire, flood or storm damage and need financial assistance, GMEDC may be able to help with a small, low interest loan. GMEDC has been awarded a Rural Business Development Grant from USDA to create a Revolving Loan Fund for businesses affected by disasters. For additional information contact Mark Condon at mcondon@gmedc.com or 802-295-3710 ext. 101
In compliance with Federal law and U.S. Department of Agriculture policy, this institution is prohibited from discriminating on the basis of race, color, national origin, sex, age or disability. (Not all prohibited bases apply to all programs.) To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, Room 326-W, Whitten Building, 1400 Independence Avenue, SW, Washington, DC 20250-9410 or call (202)720-5964 (voice and TDD). USDA is an equal opportunity provider and employer.
Photography by Jeff Lewis
The work of Green Mountain Economic Development Corporation is made possible in part by a grant from the State of Vermont through the Agency of Commerce and Community Development.