Business Loans

The town of Bennington, Vt., is looking at boosting the amount people can borrow under its business loan program.

The proposed change would allow people to borrow from $25,000 to $100,000 to start or expand a business.

Officials tell the Bennington Banner the language and requirements of the existing municipal loan program date back to the late 1990s. They said commercial banking and lending requirements have changed a lot since then.