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State making low-interest loans available to businesses

Vermont Public Radio reports that "the state of Vermont is making a new round of low-interest financing available to businesses as of next month." Indeed, "the Economic Recovery and Opportunity Program will use $1.25 million approved by the Legislature to make loans to business with rates as low as three percentage points below the Wall Street prime rate." Recipients can "can use the money to buy land and buildings, finance construction or renovation, or purchase other capital goods like machinery and furniture."

Link to article

Posted on Wednesday, June 4, 2008 at 12:27PM by Registered CommenterVCF Staff | Comments Off