V.E.D.A Business Loans

Virginia Economic Development Authority (V.E.D.A) Business Renovation Loan Program
V.E.D.A (Virginia Economic Development Authority) has established a revolving loan fund for the specific purpose of commercial property improvements. to business owners to use for improvements to their commercial location. 

Max Loan Amount: $15,000
Max Loan Term: 10 years
Interest Rate:   Most Current Rates are at 2.29% (as of 09/30/2020 - rates due fluctuate so contact us for more information)

Click HERE for VEDA Business Reonvation Loan Application

For questions or further information, please contact Kris M. at (218) 749-3563 or