# Small Business Loans in Vermont

> Vermont pairs a tourism-and-food economy with a surprisingly deep advanced-manufacturing and technology base clustered around Burlington — home to companies like BETA Technologies, OnLogic, and GlobalFoundries' Essex Junction fab. Hoss Capital matches Vermont business owners in Burlington, Essex, and South Burlington with funding partners that actively lend across all 14 counties.

## Key takeaways
- Vermont's Act 142 (signed June 16, 2026) will require sales-based financing and factoring providers and brokers to be licensed and to give signed disclosures including an estimated APR, and it voids confession-of-judgment clauses—but these commercial-financing provisions don't take effect until July 1, 2027.
- The economy blends tourism and food-and-beverage manufacturing with an advanced-manufacturing and technology cluster around Burlington and a dairy-and-maple farming tradition.
- The SBA Vermont District Office in Williston serves all 14 counties with 7(a), 504, and microloan programs.

## Funding the Vermont economy

Vermont punches well above its size. Tourism is an economic powerhouse — about
16 million visitors spent a record $4.2 billion in 2024, roughly 9% of state
GDP and supporting around 10% of the workforce — while the food-and-beverage
sector built on names like Ben & Jerry's, Cabot Creamery, and King Arthur
keeps the state's "made in Vermont" brand strong. Less visible but just as
important is a growing advanced-manufacturing and technology cluster around
Burlington, the state's economic epicenter, anchored by employers like BETA
Technologies, OnLogic, and the GlobalFoundries semiconductor fab in Essex
Junction.

### Industries we fund across Vermont

- **Tourism & hospitality** — working capital and revenue-based financing for
  inns, restaurants, and resorts that ride out shoulder seasons.
- **Food & beverage manufacturing** — equipment loans and lines of credit for
  the creameries, breweries, and specialty food makers that define the state.
- **Advanced manufacturing & technology** — equipment financing for precision
  shops and suppliers around Burlington, Essex, and South Burlington.
- **Agriculture (dairy & maple)** — seasonal working capital tied to the milk
  and sugaring calendar.
- **Healthcare & higher education** — practice financing and build-outs in the
  Chittenden County corridor.

### What Act 142 means for you

Vermont recently joined the wave of states regulating business cash advances.
Act 142 (H.648), signed June 16, 2026, will require providers of sales-based
financing and factoring to be licensed and to hand you a signed disclosure —
including an estimated APR — before you sign, and it voids confession-of-judgment
clauses. Those rules take effect July 1, 2027, so for now there's no standardized
state form; ask every provider for the total payback amount, the term, and the
effective cost. Hoss Capital only works with partners who operate transparently.

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Canonical: https://hoss-capital.pages.dev/locations/vermont/

Sources:
- https://legislature.vermont.gov/Documents/2026/Docs/ACTS/ACT142/ACT142%20As%20Enacted.pdf
- https://legislature.vermont.gov/bill/status/2026/H.648
- https://www.sba.gov/district/vermont
- https://vermontbiz.com/news/2025/december/11/vermont-welcomes-16-million-visitors-tourism-powers-42-billion-economy
- https://www.helloburlingtonvt.com/move-to-burlington/industries/
- https://www.huschblackwell.com/newsandinsights/vermont-folds-sales-based-financing-and-factoring-into-its-licensing-regime