01 Jul '11, 1pm

Innovative Green Business Financing in Vermont; Sustainable Maryland Certified

"This isn't your average low-cost loan, but we're cheaper than equity," she says. "Until now, flexible risk capital at a Vermont scale has been out of reach for many of our small businesses - specifically those in our natural resource and clean technology sectors." Businesses receiving capital through the Flex Fund also have the added advantage of instant access to the networks, expertise, mentoring services and technical assistance programs of the Vermont Sustainable Jobs Fund. "We nurture the businesses we lend to every step of the way to ensure a positive outcome - providing the strategic counsel, mentoring and critical infrastructure support that entrepreneurs really need as they grow their businesses." "When we were looking for growth capital a few years ago there was nothing like the Flex Fund available," says Tom Stearns, founder of High Mowing Seeds in Wolcott, VT....

Full article: http://www.sustainablebusiness.com/index.cfm/go/news.disp...

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