Capital for Vermont operators
from Lake Champlain to the Green Mountains.

Vermont packs a wildly distinct small-business economy into 9,600 square miles. Inside that footprint you find every extreme: a Killington slope-side restaurant earning two-thirds of its annual revenue between Thanksgiving and Presidents' Day; a Stowe lodge running on the December-to-March calendar plus a summer mountain-biking rebound; a Northeast Kingdom maple producer with two intense weeks of sugar season; an Addison County dairy operating on a USDA milk-check rhythm; a Burlington tech firm billing six-figure quarterly software contracts. Banks, by structure, struggle to underwrite that range. Goliath was built for it.

Our Vermont pipeline spans every region. Chittenden County anchors the book around Burlington, Winooski, South Burlington, and Essex. The Capital region around Montpelier and Barre adds government-adjacent professional services and a deep granite-industry legacy. The Mad River Valley and Mt. Mansfield region deliver Sugarbush, Stowe, and the Smugglers' Notch hospitality book. The Killington corridor through Rutland County drives a heavy ski-season pipeline. The Northeast Kingdom contributes maple, dairy, and outdoor-recreation operators. The southern gateway through Brattleboro and Bennington rounds out the statewide footprint.

The bank-lending coverage gap in Vermont

Vermont's bank market is dominated by regional institutions and credit unions, and the structural reality is that these institutions favor commercial real estate and high-net-worth lending over the $25K to $500K seasonal working-capital tickets that Vermont small businesses actually need. Seasonal businesses are particularly hard to underwrite by bank standards because their revenue distribution does not look like the flat-line operating company that bank credit committees prefer. The result: a Killington restaurant group, a Burlington brewery, a Stowe inn, or a Northeast Kingdom maple producer often cannot get a timely yes from a bank even with strong full-year revenue. We fill that gap.

We are deposit-based underwriters. We read your four most recent months of business bank statements, your ledger, your revenue trend, and how you actually run the company. That approach fits the Vermont economy because it accommodates the cash-heavy ski-town restaurant, the credit-card-heavy mountain retailer, the wholesale-billed craft brewer, and the USDA-paid dairy on the same underwriting bench. We routinely fund operators in their first full year as long as deposit patterns support the offer.

The industry mix we fund statewide

Tourism and hospitality lead the Vermont book by deal count — ski-resort lodging and concessions, inns, B&Bs, and the entire calendar of mountain-town restaurants. Specialty food and beverage runs deep: maple producers, artisan cheese makers, the Ben and Jerry's legacy of premium dairy, and a craft-beverage scene that includes some of the most sought-after breweries in the country. Outdoor recreation outfitters tied to skiing, fly fishing, hiking, and mountain biking add steady flow. Healthcare practices, small manufacturers, and a steady contractor base round out the pipeline.

Vermont's regions are tightly distinct, and the small-business mix shifts sharply between Burlington, the Capital region, and ski country. Below is how the metros break down in our book.

Burlington

Burlington is the largest city in Vermont and the anchor of our state book. The Church Street Marketplace drives a dense downtown restaurant and retail economy. The University of Vermont and the UVM Medical Center anchor education and healthcare. The South End drives a creative-economy and craft-beverage cluster. We fund operators across downtown, the South End, the New North End, Winooski, and South Burlington.

Montpelier and the Capital Region

Montpelier is the smallest state capital in the United States, but it anchors a steady government-adjacent professional services economy. Together with Barre, the Capital region delivers a mix of professional services, healthcare, restaurants, and the granite-industry heritage of Barre. Our Capital region book leans toward law firms, accounting practices, restaurants, and the trade businesses that ride central Vermont's residential growth.

Rutland and the Killington Corridor

Rutland anchors south-central Vermont and is the gateway to Killington, Pico, and the Okemo Mountain Resort corridor. Killington in particular is the largest ski resort in the Eastern United States and drives a deep hospitality, restaurant, lodging, and concession book. Our Rutland County deal flow leans heavily toward ski-season operators, contractors, and the trade businesses that ride the year-round resort economy.

Stowe and the Mt. Mansfield Region

Stowe is one of the most recognized ski-town economies in North America, and its full-year hospitality book extends to summer, foliage, and shoulder-season weddings. Surrounding Mt. Mansfield, Sugarbush, Mad River Glen, and Smugglers' Notch contribute additional ski-resort flow. Our Stowe book leans toward inns and lodges, slope-side restaurants, retail along Main Street and the Mountain Road, and the craft-beverage operators concentrated in the surrounding valleys.

Brattleboro and Southern Vermont

Brattleboro anchors southern Vermont and serves as the gateway from Massachusetts and Connecticut up I-91. The downtown's arts, craft-beverage, and farm-to-table restaurant scene drives a steady book. Combined with Bennington to the west and the Mount Snow ski corridor, southern Vermont delivers a mix of hospitality, retail, specialty food, and small manufacturing flow into our pipeline.