- 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.