We accept applications on a rolling basis and award loans as funds become available. We strive for a two week turn-around time, from receiving the application at our offices to mailing the loan check. We want to keep our application process as simple as possible, but the information we do request is crucial for us to make a responsible decision. Our advisory board reviews your application once we have received all of the requested pieces of information. During the loan review process, it isn’t unusual for us to need additional information about your business and/or your needs in order to make a responsible final determination. One of our board members may visit your farm or business to get a better understanding of your operation. Please feel free to contact us at any time if you have questions about the application.
When you apply for a loan from the Vermont Farm Fund, you are becoming a part of a supportive, financial-agricultural community. The funds from the VFF that will help you with your emergency or business building project, have most likely helped another farmer or food producer in the past. And, your payments will be “paid forward” to help the next agricultural producer with an urgent need or creative idea. As part of the community, we hope you’ll agree to tell your story and help us get the word out regarding this unique and valuable program.
For a $10,000 loan we like to see gross annual sales for the most recent fiscal year of $20,000. If your business did not gross $20,000 or more in sales, please contact us for more information. Larger loans are reserved for well-established businesses with a successful track record and a strong credit history. Use this chart to help you estimate if you might qualify for a VFF Business Builder loan and expected terms.
|Emergency Loan Application|
|Business Builder Loan Application|
All persons applying for a loan will receive fair and equal consideration regardless of their sex, age, national origin or ethnic heritage, race, sexual orientation, religion, location of residence within the area, income, disability, or familial status. Photo by Kingsbury Market Garden.