CDFI Lending

Vermont-Slauson Local Development Corporation (VSLDC) has been a certified Community Development Financial Institution (CDFI) since 2018 and is an affiliate of Vermont-Slauson Economic Development Corporation (VSEDC).

We believe that to start, sustain, and grow a small business, one also needs access to affordable capital.

Thus, in addition to providing small business technical assistance, training, and 1on1 mentoring, VSLDC also offers two affordable loan products:

$5,000 to $50,000 

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Small Business Loan
$50,001 to $250,000  

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The above link will take you to our on-line loan application that you can track your application status 24/7 and can be accessible by your mobile phone. You will be assigned to a Business Counselor who can help you with the application and other technical assistance.

The minimum requirements are:

  • Credit Score 620
  • Two years of business tax returns (1040 Schedule C is also acceptable) and/or Personal Tax Returns
  • Three months of the most recent business checking account statements