Help is on the way for Vermont farmers.
According to the Vermont Department of Agriculture, farmers can immediately apply for the new agricultural stimulus financing available through VEDA's farm lending program, the Vermont Agricultural Credit Corporation (VACC).
The new loan funding is available to help farmers with this season's operational costs - feed, seed, fertilizer or other needs - or, to refinance prior years' operating costs.
VACC has up to $6 million in low-interest financing available, made possible by $1 million in federal economic stimulus funds from Vermont's share of the American Recovery and Reinvestment Act.
Detailed information about the program is available on VEDA's website.
Applications may either be filled out on-line and emailed to VEDA at applications@veda.org; or, downloaded from VEDA's website, filled out in print form, and mailed to VACC Farm Operating Loan Program, Vermont Agricultural Credit Corporation, 58 East State Street, Montpelier, Vermont 05602.
To learn more, Vermont farmers in need of financing are encouraged to speak with one of VACC's experienced farm lenders by calling, toll-free, 1-866-828-FARM (3276).
