Creating Business

NCIC has provided over $40,000,000 in direct business loans, that have
leveraged another $566,000,000 in financing to over 1,300 businesses in Vermont
and New Hampshire, supporting over 20,000 jobs.

Business Financing

Flexible Business Financing to help
your business start or grow.

NCIC provides loan capital to small entrepreneurs, emerging businesses, and large-scale employers in the Northeast Kingdom of Vermont and the North Country of New Hampshire. Loans range in size up to $500,000, and can be used for new businesses that are just starting out, or established businesses looking to grow or expand in the area. We offer direct business loans, and loans made in partnership with traditional financing.

Loan Funds can be used for:

  • Working capital
  • Equipment
  • Business purchase
  • Commercial real estate
  • Lines of credit
  • Inventory
  • And more

As an Economic Development Lender loan terms are flexible.

NCIC can structure loans creatively and may include interest only, seasonal payments, extended amortization periods, and other terms which reflect the borrower’s business cycle and other considerations.

Quick Money

NCIC’s small loan program offers a streamlined process and quick turnaround. This program was developed to finance startups and early stage businesses that need capital to purchase machinery or equipment, furniture and fixtures, inventory, supplies and working capital with loans up to $25,000.

Frequently Asked Questions

How much money can I borrow?

NCIC offers Business Loans up to $500,000 although exceptions may be possible for higher amounts.

What can the loan funds be used for?

Loan funds can be used for any commercial business need. Most common types of uses are for real estate, working capital, equipment purchases and business acquisition.

Can I pay off my loan early?

Yes, you can pay off a loan early by increasing your monthly payments or paying off your loan in a lump sum. There are no pre-payment penalties with any NCIC loan products.

How do I apply for a business loan?

Our Business Resource Manager can assist you by phone or in person with any loan or line of credit application. Call us at 802-748-5101 X2021 to discuss the application process or visit our Document Center to download an application.


Cake with a silhouette or a bear on it.

Boule Bakery

Bringing stunning and delicious breads and desserts to St. Johnsbury!
NCIC worked in partnership with Passumpsic Savings Bank, and with additional assistance from the Small Business Development Center to offer financing that allowed the owners to renovate the space, purchase needed equipment and inventory, and open their doors to the community. 

Close up of medical devices

Prepco, Inc.

Kept the doors open and the lights on!
NCIC and Bangor Savings Bank worked together to offer a financing package to allow a smooth transition in ownership. 

Are you looking for flexible cash for your business without a long and complicated application process?

Click Here to Learn About our Fast Loan Program

Without this assistance Reklis Brewing Company would not have been able to purchase a property for our business that is going to allow us to grow beyond our current footprint. Our business has had a tremendous economic impact on our local community, and this assistance will expand that impact.

Just thank you, Aaron was great and very responsive. We look forward to working with NCIC in the near future.

Reklis Brewing Company


NCIC offered Jasper Hill Farm a new financing instrument to help support our growth. As new market opportunities arose we had access to an equipment line of credit to allow us to meet increased customer demand. The process was quick and easy allowing us to pivot quickly, meet our timelines and beat our annual revenue projections.

Jasper Hill Farm