Vedic is a lending institution based in Valdese, NC, dedicated to promoting a thriving economy in North Carolina. As an Equal Opportunity Lender, Vedic offers various loan programs, including ARC, USDA Intermediary Re-Lending Program, USDA Micro-Entrepreneur Assistance Program, Valdese Revolving Loan Program, and Burke Business Loan Program, to support businesses in the region. With a focus on counties such as Alexander, Burke, Caldwell, Catawba, Cleveland, McDowell, and Rutherford, Vedic provides access to capital and resources that foster entrepreneurship and strengthen the local business sector.
Vedic also collaborates with the Appalachian Regional Commission (ARC) to improve access to capital for Appalachian businesses and supports activities that promote entrepreneurship. Additionally, Vedic offers the Burke Business Loan Program, which provides flexible capital for land acquisition, building construction, rehabilitation, and working capital. Furthermore, the Valdese Revolving Loan Program is specifically designed to assist commercial, service, and industrial businesses in Valdese, North Carolina, contributing to the growth and development of the local business community.
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