Small Business Loans from

$50,000 – $500,000

Your business isn’t just your bread and butter; it’s the lifeblood of your local community, helping to strengthen and shape the neighborhoods and people around it. As a Community Development Financial Institution, we understand the importance small business has in the United States, and we’re here to help it, and you, grow stronger.

Keep scrolling to learn more about available small business financing.

What is a CDFI?

A CDFI (or Community Development Financial Institution) is an organizattion dedicated to providing lending support to business owners in a responsible way. We’re invested in your business and want you to succeed and grow. We also understand that small businesses are directly connected to their communities, and so by supporting you, we can support hundreds or thousands of people around you.

What makes us different from regular banks?

As a non-profit organization, VEDC has a singular mission: Create jobs through business loans. We do this by offering faster approvals than traditional banks, flexible loan structures, and customized payment plans for our borrowers. While only 15% of small business loans are actually approved by banks, VEDC can provide the financing you need to grow.

What makes us different from regular banks?

As a non-profit organization, VEDC has a singular mission: Create jobs through business loans. We do this by offering faster approvals than traditional banks, flexible loan structures, and customized payment plans for our borrowers. While only 15% of small business loans are actually approved by banks, VEDC can provide the financing you need to grow.

VEDC (Certified CDFI)

PROS
  • Affordable rates & flexible loan structures
  • Startups wanted!
  • Low credit, bankrupcies, liens allowed
  • Education & assistance provided
  • Simple lending process
  • Quicker approval & funding
CONS
  • Slightly higher, risk-adjusted rates

Traditional Banks

PROS
  • Revolving lines of credit & other products
  • Larger loan amounts
CONS
  • Longer approval times (up to 60 days)
  • No startups
  • Lengthy paperwork process
  • Business must be well-established
  • Strong personal credit required

Get Started

Tell us a little about yourself, and we’ll begin the application process.

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