Community Capital of Vermont (CCVT), New England’s highest volume SBA micro-lender, hired Barre resident and longtime central Vermont business owner David Parker to join its new Business Advisory Services division.
David opened Vermont’s first Subway sandwich franchise in 1988 with the help of his parents and over the years has owned 8 Subway shops in Vermont and New Hampshire; he currently owns four with one each in Barre, Northfield, Montpelier and Waterbury. “In the past 27 years I’ve hired and trained over 700 employees, managed all aspects of finances, and promoted my shops, which are open to customers 362 days a year,” said Parker. “I’m looking forward to sharing my expertise with CCVT borrowers.”
Funded by a grant from the U.S. Small Business Administration, CCVT’s Business Advisory program provides borrowers with guidance in the areas of financial management, marketing, advertising, and sales.
“David’s business management experience will enhance our borrowers’ success,” noted CCVT Director Martin Hahn. “David is a proven business and community leader with a very positive outlook that has helped fuel his many business achievements. Community Capital is very fortunate to add him to our staff.”
CCVT is a nonprofit community-based lending organization that specializes in providing loans to business owners who lack collateral or credit history to qualify for traditional bank loans. CCVT loans range from $1,000 - $100,000 and can be used to start or grow a business.