USDA Loans

USDA loans are for the improvement, development, and growth of businesses and industries. With the USDA Business and Industry (B&I) Loan program, we can support the economic climate in rural communities while helping larger businesses with financing needs.

Modern Office Building

USDA Business and Industry Loans

Small Business Lending helps businesses located in rural areas using the USDA’s Business & Industry (B&I) Guaranteed Loan Program to improve, develop or finance business, industry and employment and to improve the economic and environmental climate in rural communities. B&I loans can be offered to start, expand or acquire a business that will provide employment, improve the economic or environmental climate; promote the conservation of water; or reduce reliance on non-renewable energy resources.

Loan amounts from $1,000,000 to $20,000,000

Terms up to 30 years

Up to 80% LTV

Fully Amortized with No Balloon Payments

Fixed and Variable Rates Available

USDA Food Supply Chain Loans

The Food Supply Chain Guaranteed Loan Program is part of USDA’s Build Back America Better initiative to strengthen critical supply chains and our food system. This program guarantees loans of up to $40 million for qualified lenders to finance food systems projects, specifically for the start-up or expansion of activities in the middle of the food supply chain. The program will support new investments in infrastructure for food aggregation, processing, manufacturing, storage, transportation, wholesaling, and distribution to increase capacity and create a more resilient, diverse and secure US food supply chain.

Loan amounts from $1,000,000 to $20,000,000

Terms up to 40 years

Up to 80% LTV

Fully Amortized with No Balloon Payments

Fixed and Variable Rates Available