Get the financing you need to support your small rural business. A USDA loan offers generally lower down payments and longer terms, helping you meet seasonal and long-term goals affordably. Reach out to us to learn more about this competitive funding option.
Details
- Designed for the needs of small businesses located in qualifying rural areas*
- Eligible uses include but are not limited to:
- Business conversion, enlargement, repair, modernization, or development
- Purchase and development of land, easements, rights-of-way, buildings, or facilities
- Purchase of equipment, leasehold improvements, machinery, supplies, or inventory
- Debt refinancing when new jobs will be created and other conditions are met
- Business and industrial acquisitions when the loan will keep the business from closing and/or save or create jobs
- Available in loan amounts up to $5 million
- Backed by the United States Department of Agriculture (USDA)
- Business & Industry (B&I) loans available to businesses
- Farm Service Agency (FSA) loans available to farming operations
- Farmer Mac Loans available to farming operations
- Loan terms between 7 and 30 years
- Affordable payment plans
- Local decision-making and processing
- Expert lenders to guide you
- Detailed, attentive service from start to finish
*As defined by the USDA.