Questions? Call 1-800-304-1755 and speak with a VEDC lending associate.

Tired of Hearing “No”?

VEDC is here for you.



EDC is a leading non-profit small business lender that is changing the way small business lending is done by making it more available and impactful.

A national small business lender, VEDC has lent $400 million in direct and guaranteed loans to over 108,000 small businesses and created more than 200,600 new jobs. As a certified Community Development Financial Institution (CDFI), VEDC’s mission is to help create jobs and promote economic development in under-served communities.

The organization provides loans and micro-financing options to small businesses, particularly those owned by women and minorities, that don’t qualify for traditional bank financing.

Throughout our 40 year history, VEDC has been known for funding businesses that have been turned down by traditional financial institutions. We have a proven track in providing a combination of SBA business loans, direct financial assistance, consultation services, and entrepreneurial training to individuals and businesses.

With offices throughout California, Nevada, Utah, Chicago, Miami and the New York Tri-State area, VEDC is ready to facilitate your small business financing needs.

A Little History

Our organization has been working with small businesses since 1976. And we love what we do.

Jobs Created

934 new jobs in 2015
844 new jobs in 2014

Jobs Retained

3,909 jobs in 2015
1,930 jobs in 2014

Loan Volume

$22,216,043 in 2015
$20,089,594 in 2014

What We Offer

Through various partners across the country, VEDC can provide loans that fit your needs perfectly.

National Microfinance Network

VEDC offers microloans ranging a amounts as low as $1,000 and up to $50,000 which can be used for many purposes such as purchasing equipment or inventory, or as start up or working capital.  Most microloan programs are designed to help low to moderate-income entrepreneurs who live in rural or disadvantaged communities are unable to meet traditional loan qualifications. Terms and interest rates can vary, but in general, microloans have shorter payment terms, competitive interest rates, and are accessible to borrowers who have little to no collateral or a challenging credit history.  Visit to apply online today!

SBA Community Advantage Loan Program

VEDC is approved by the U.S. Small Business Administration as one of the few community-based, mission-focused lenders to accept and process Community Advantage loan applications from small business borrowers. The SBA Community Advantage program is designed to expand access to lower dollar loans and lending in traditionally underserved communities. The SBA and U.S. Department of Commerce studies have shown the vital impact of small loan amounts to small businesses in promoting economic growth in the most challenged markets.

Community Advantage offers a streamlined application process for SBA-guaranteed 7(a) loans up to $250,000. Advantage loans will come with a SBA 7(a) government guarantee, 85% for loans up to $150,000 and 75% for those greater than $150,000.

Access to Capital Workshops

VEDC offers classes to help you understand the various loan products available to businesses, no matter what size of business you are. If you’re looking to expand, purchase equipment/inventory, or restructure your existing business, this class will explore various SBA, microloan, minority, veteran, and special loan programs. Learn how to fill out loan applications, as well as learn about credit, collateral, cashflow and character.

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