Header: Header: Header:

Vermont Announces Business Loan Program

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381510056-0'); });

A new loan program from the Vermont Economic Development Authority (VEDA) is now available to support businesses in the state’s forest economy. Three million dollars in total financing can be provided in the form of loans up to $500,000 with subsidized interest rates for loggers, foresters, log haulers, biomass producers, sawmills, firewood producers and wood product manufacturers, for working capital, equipment and refinancing.

According to the Vermont Forest Futures Strategic Roadmap, the forest-based economy in the Green Mountain State accounts for about $2.1 billion annually and more than 13,800 jobs.

Loan proceeds must be used for projects located in Vermont and use forest products at least partially produced in Vermont. Loans can also be used to pay operating expenses; support seasonal working capital needs; and refinance existing debt at more affordable rates and/or terms.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381461985-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381402298-0'); });

Latest News

JoeScan To Debut TrueSight Sawmill Vision System At TP&EE 2026

TrueSight is a coordinated suite of hardware and software products designed to bring geometric scanning and color vision together throughout the sawmill. The system provides co-registered color images and geometric profiles that optimization integrators can…

Plantation Pine Products Is Gearing Up

Plantation Pine Products continues to move forward on its $25 million sawmill upgrade investment at Thomasville, Ga. Operated by Steve Conner of the well respected Conner family of lumbermen in Georgia, the site is the…

Chris Walton Named Hampton Lumber CEO

Hampton Lumber has appointed Chris Walton its next Chief Executive Officer. Walton succeeds Steve Zika, who has served as Interim CEO since December 2025. Over the past 30 years, Walton has held leadership positions at…

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381237439-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380448760-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380578329-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380709898-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380656716-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380767732-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380810300-0'); });
Newsletter

The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.

 

Subscribe Now
Subscribe/Renew

Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.

Complete the form
Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.

Contact Us