Direct Loan Program

This is a state-funded loan program for commercial and industrial entities to support land purchases, building construction, and the purchase and installation of machinery and equipment. Energy efficient equipment is not specifically mentioned in the program details, but the loan covers equipment improvements and purchases, which is inclusive of high efficiency measures, such as improved insulation, duct work and efficient appliances. To apply for this loan, complete the application found on the program website above. However, prior to completing the application, VEDA recommends contacting the program administrator to discuss individual projects and their eligibility for loans.