USDA Loans

If your business is located in a rural community, you may qualify for special financing. The U.S. Department of Agriculture (USDA) currently maintains a Business and Industry Guaranteed Loan Program. The USDA provides guarantees of up to 80 percent of a loan made by a commercial lender.

Proceeds from such a loan may be used for:

  • Expansion of Existing Facilities 
  • Refinancing of Current Debt
  • Equipment Purchases 
  • Working Capital 
  • New Construction 
  • Renovations 
  • Business Startup

Who needs a USDA Loan?

A USDA loan (also called a Rural Development Loan), may be the best option for individuals, corporations and other for-profit and nonprofit entities in designated rural communities. The loan can be used for a variety of purposes at competitive interest rates and flexible terms.

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