We believe that Vermont's outdoor recreation industry is a key driver of rural economic development, community health and sustainability, today and in the future.

Vermont’s local businesses, regional & local service providers, nonprofit organizations and municipalities work together to foster opportunities for outdoor recreation in every corner of our state. They build and maintain the trails we ride and the land around them. They sell the gear that keeps us strong and safe. They convert local food into the fuel that keeps us out there. They’re responsible for the utilities and other infrastructure that make it all possible.

VCLF's TRAILS (Tourism & Recreation Adventure Infrastructure LoanS) program provides financing that creates opportunities for Vermonters and our visitors to get outdoors. TRAILS financing is available to businesses and organizations that provide services or goods that enable, support or are adjacent to Vermont's outdoor recreation industry.

PLEASE NOTE: Not all prospective borrowers will qualify for TRAILS financing. The Vermont Community Loan Fund offers a suite of business financing options to serve borrowers in a variety of situations and circumstances. Our Business Program staff work with prospects on a case-by-case basis; we strongly encourage you to get in touch with us, and we'll help determine which loan program will best meet your needs.

Vermont’s local businesses, regional & local service providers, nonprofit organizations and municipalities work together to foster opportunities for outdoor recreation in every corner of our state. They build and maintain the trails we ride and the land around them. They sell the gear that keeps us strong and safe. They convert local food into the fuel that keeps us out there. They’re responsible for the utilities and other infrastructure that make it all possible.

VCLF's TRAILS (Tourism & Recreation Adventure Infrastructure LoanS) program provides financing that creates opportunities for Vermonters and our visitors to get outdoors. TRAILS financing is available to businesses and organizations that provide services or goods that enable, support or are adjacent to Vermont's outdoor recreation industry.

PLEASE NOTE: Not all prospective borrowers will qualify for TRAILS financing. The Vermont Community Loan Fund offers a suite of business financing options to serve borrowers in a variety of situations and circumstances. Our Business Program staff work with prospects on a case-by-case basis; we strongly encourage you to get in touch with us, and we'll help determine which loan program will best meet your needs.

ELIGIBILITY

Eligible businesses include (but are not limited to):

  • Businesses or organizations, both for- and nonprofit, that are creating opportunities for outdoor recreation
  • “Adjacent” businesses or organizations serving participants in outdoor recreation
  • Outdoor rec-related manufacturers and retailers

No preference will be given to businesses at different stages, i.e. a mature business vs. a startup. Preference will be given to businesses or programs with demonstrated or projected growth. The ideal TRAILS applicant will be a business playing a central role in a local outdoor recreation community proposing to undertake a significant growth opportunity that will create opportunities for outdoor recreation for more Vermonters and visitors.

ACCEPTABLE USES

Uses may include:

  • Real estate/land acquisition
  • Facility construction or improvement
  • Equipment
  • Inventory
  • Working capital

RATES AND TERMS

TRAILS offers loans from $5,000 to $250,000.
Rates will vary between 6% and 8%. Terms range from one to ten years.

BUSINESS RESOURCE CENTER

Business development & advisory services - consulting, training and counseling - is a key component of our work to foster and support our borrowers’ success. Much of that technical assistance is provided “in-house” by VCLF’s Business Resource Center. We also regularly contract with or provide referrals to third-party sources if we believe their expertise is the best fit for a borrower’s unique operating environment and needs. TRAILS financing will be augmented with business development technical assistance and consulting tailored to meet each borrower’s specific needs, free-of-charge.

WHAT IF MY PROJECT HAS OTHER FINANCING NEEDS?

If your project's need is greater than $250,000 or is otherwise ineligible for TRAILS financing, VCLF may offer other flexible, affordable financing options through the Food, Farms & Forests Fund, SPROUT, our Agritourism Loan Program or through our general business loan program.


ELIGIBILITY

Eligible businesses include (but are not limited to):

  • Businesses or organizations, both for- and nonprofit, that are creating opportunities for outdoor recreation
  • “Adjacent” businesses or organizations serving participants in outdoor recreation
  • Outdoor rec-related manufacturers and retailers

No preference will be given to businesses at different stages, i.e. a mature business vs. a startup. Preference will be given to businesses or programs with demonstrated or projected growth. The ideal TRAILS applicant will be a business playing a central role in a local outdoor recreation community proposing to undertake a significant growth opportunity that will create opportunities for outdoor recreation for more Vermonters and visitors.

ACCEPTABLE USES

Uses may include:

  • Real estate/land acquisition
  • Facility construction or improvement
  • Equipment
  • Inventory
  • Working capital

RATES AND TERMS

TRAILS offers loans from $5,000 to $250,000.
Rates will vary between 6% and 8%. Terms range from one to ten years.

BUSINESS RESOURCE CENTER

Business development & advisory services - consulting, training and counseling - is a key component of our work to foster and support our borrowers’ success. Much of that technical assistance is provided “in-house” by VCLF’s Business Resource Center. We also regularly contract with or provide referrals to third-party sources if we believe their expertise is the best fit for a borrower’s unique operating environment and needs. TRAILS financing will be augmented with business development technical assistance and consulting tailored to meet each borrower’s specific needs, free-of-charge.

WHAT IF MY PROJECT HAS OTHER FINANCING NEEDS?

If your project's need is greater than $250,000 or is otherwise ineligible for TRAILS financing, VCLF may offer other flexible, affordable financing options through the Food, Farms & Forests Fund, SPROUT, our Agritourism Loan Program or through our general business loan program.


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