We are committed to financial products and services that dismantle systemic racism and lead us toward a Vermont that's equitable for ALL Vermonters.

VCLF recognizes the injustice and inequity perpetrated by the legacy of systemic racism in financial systems, in America, and in Vermont. We are committed to building new ways to move capital to those who have been historically, systemically disenfranchised and denied access to opportunity.

VCLF's mission is to create access to capital for all Vermonters. Through the Justice Forward Fund, we direct a portion of our impact investment capital to serving Vermonters traditionally and generationally excluded from conventional financial markets and services, including:

  • Black Vermonters
  • Indigenous Vermonters
  • Vermonters of Color; and
  • New Americans



In an effort to preserve wealth within the communities we're seeking to serve, and make Justice Forward Fund financing as equitable and available as possible, the Fund has the following unique characteristics that differentiate it from other VCLF loan programs:

  • A streamlined loan application
  • No fees
  • No credit score requirement
  • No collateral requirement
  • Interest rates between 0 - 3%


If your project has other financing needs, or your project’s need is greater than $40,000 or otherwise ineligible for the Justice Forward Fund, VCLF may offer other flexible, affordable financing options through our other business loan programs, including the Food, Farms & Forests Fund, SPROUT, TRAILS or our general business loan program.

VCLF recognizes the injustice and inequity perpetrated by the legacy of systemic racism in financial systems, in America, and in Vermont. We are committed to building new ways to move capital to those who have been historically, systemically disenfranchised and denied access to opportunity.

VCLF's mission is to create access to capital for all Vermonters. Through the Justice Forward Fund, we direct a portion of our impact investment capital to serving Vermonters traditionally and generationally excluded from conventional financial markets and services, including:

  • Black Vermonters
  • Indigenous Vermonters
  • Vermonters of Color; and
  • New Americans



In an effort to preserve wealth within the communities we're seeking to serve, and make Justice Forward Fund financing as equitable and available as possible, the Fund has the following unique characteristics that differentiate it from other VCLF loan programs:

  • A streamlined loan application
  • No fees
  • No credit score requirement
  • No collateral requirement
  • Interest rates between 0 - 3%


If your project has other financing needs, or your project’s need is greater than $40,000 or otherwise ineligible for the Justice Forward Fund, VCLF may offer other flexible, affordable financing options through our other business loan programs, including the Food, Farms & Forests Fund, SPROUT, TRAILS or our general business loan program.

LENDING AREA

The Justice Forward Fund is a statewide program.

ELIGIBILITY

The Justice Forward Fund serves Vermonters traditionally, systemically and/or generationally excluded from conventional financial markets and services, including:

  • Black Vermonters
  • Indigenous Vermonters
  • Vermonters of Color, and
  • New Americans

The Justice Forward Fund serves Vermonters who have not yet had the opportunity to build wealth.
Applicants must:

  • Have income below 300% of the federal poverty line (based on family size), and
  • Have personal net worth of $36,150 or less

Eligible borrowers include:

  • small businesses, including sole proprietors
  • nonprofit organizations and community facilities
  • early care & learning businesses, and
  • affordable housing developed, built and/or controlled by systematically disenfranchised Vermonters

Eligible businesses can be for- or nonprofit, but cannot be a passive real estate company.

ACCEPTABLE USES

  • Working capital
  • Equipment
  • Inventory
  • Facility construction or improvement
  • Lines of credit
  • Debt refinance

RATES AND TERMS

The Vermont Community Loan Fund is committed to non-extractive financial practices. Justice Forward Fund loans will have a reduced interest rate no more than 3.0%, with lower rates available based upon the borrower's net worth.

LOAN AMOUNT

Justice Forward Fund loans will have a loan size between $1,000 and $40,000.

LENDING AREA

The Justice Forward Fund is a statewide program.

ELIGIBILITY

The Justice Forward Fund serves Vermonters traditionally, systemically and/or generationally excluded from conventional financial markets and services, including:

  • Black Vermonters
  • Indigenous Vermonters
  • Vermonters of Color, and
  • New Americans

The Justice Forward Fund serves Vermonters who have not yet had the opportunity to build wealth.
Applicants must:

  • Have income below 300% of the federal poverty line (based on family size), and
  • Have personal net worth of $36,150 or less

Eligible borrowers include:

  • small businesses, including sole proprietors
  • nonprofit organizations and community facilities
  • early care & learning businesses, and
  • affordable housing developed, built and/or controlled by systematically disenfranchised Vermonters

Eligible businesses can be for- or nonprofit, but cannot be a passive real estate company.

ACCEPTABLE USES

  • Working capital
  • Equipment
  • Inventory
  • Facility construction or improvement
  • Lines of credit
  • Debt refinance

RATES AND TERMS

The Vermont Community Loan Fund is committed to non-extractive financial practices. Justice Forward Fund loans will have a reduced interest rate no more than 3.0%, with lower rates available based upon the borrower's net worth.

LOAN AMOUNT

Justice Forward Fund loans will have a loan size between $1,000 and $40,000.

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