Community Capital of Vermont, a statewide, nonprofit community-based lending organization that provides loans and business coaching to underserved businesspeople and new entrepreneurs, has selected five new members of its board of directors for Fiscal Year 2018.
David Chevalier is the Vice President of Commercial Services for Northfield Savings Bank. With more than ten years of banking and lending experience, Chevalier leads in providing the lending and financial management services that help Vermont businesses acquire assets, create jobs and grow. He is a resident of Shelburne.
Kate Whelley McCabe is the CEO and co-founder of Vermont Evaporator Company, LLC, a family-owned business that manufacturers small, home-scale sap evaporation units for backyard maple-sugaring. She also practiced law in Vermont for about a decade with a focus on civil rights defense, regulatory work and consumer protection. A former Community Capital borrower and resident of Montpelier, Whelley McCabe has grown her company from the roots up including qualifying for equity investment via Milk Money, Vermont’s innovative crowdfunding platform.
Patricia M Sears of Lowell is co-founder, President, and CEO of NEKTI Consulting, a strategic communications firm providing government and community-relations expertise to growing businesses, organizations and communities. She is recognized internationally for her skills in coalition-building, community outreach, and advocacy. She has a proven track record of working in challenging environments, bringing diverse groups together in project development and advancing results for positive impact.
Tyler Richardson, Assistant Director with the Rutland Economic Development Corporation, connects businesses with resources to help them grow, with a focus on financing options, commercial site selection, and workforce development. A resident of Rutland, Richardson comes to Vermont from Nebraska, where he worked with the Nebraska REALTORS® Association.
Chris Bailey of Huntington is the Chief Operating Officer of Victory Hemp Foods. He is the founder and current Chairman of Vermont Smoke & Cure, where he served as Chief Executive Officer for a dozen years.
Recently Community Capital was recognized by the Small Business Administration as the Vermont Microenterprise Lender of the Year, leading the state with the most number of loans given to small businesses.
CCVT loans range from $1,000 to $100,000 and may be used to start or grow a business. For more information on Community Capital of Vermont or to apply for a loan, please see www.communitycapitalvt.org.