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Easy to Apply
Loans as low as $500 for new & existing entrepreneurs.
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Get Funded
Easily replenish inventory, hire additional employees, and more.
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Grow Your Business
Expand your business in a short time and see the difference!
Solutions Made Specially for Your Business
Microenterprise Loan
- 6-24 months
- As low as 8.5% interest rate
- $25-$50 origination fee
Standard Business Loan
- 6-60 months
- As low as 8% interest rate
- 2% – 3% origination fee
VEDC Microloan
- 6-60 months
- As low as 7.75% interest rate
- 3% – 5% origination fee
Specialty Lending Programs
Your business may qualify for additional support, fast approval, and more. See supported programs for more information.
Capital for Growing Businesses
Business acquisition, expansion, working capital, inventory, equipment, furniture, and fixtures, owner-occupied commercial real estate, tenant improvements, refinancing of existing debt.
Our experts work closely with business owners to determine the best repayment schedule, including possible interest-only phases for specific fund uses.
We keep processing fees low with smart, knowledgeable staff and a streamlined origination process built for small business success.
We use variable interest rates to provide entrepreneurs with the best market value available and keep repayment costs low.
“VEDC came at a time when I needed them the most.”
“The VEDC team has been so supportive and amazing. I’m super lucky to have a village around me to help me through.”
“We’re looking to give individuals the same opportunity that VEDC gave us.”