USDA Business & Industry (B&I) loans offer long-term financing to rural businesses.
USDA Business & Industry loans
USDA financing helps rural and suburban businesses succeed.
If your business location has 50,000 or fewer residents, you could be eligible for a USDA Business & Industry (B&I) loan. Designed to promote economic and employment opportunities in rural America, USDA programs can help your business grow through:
- Higher loan-to-value terms without balloon payments
- Longer repayment terms than conventional loans
- Financing from $1 million to $10 million
- Terms of up to 30 years for real estate and 15 years for equipment
- Loans that can be used for debt refinancing, business expansions, acquisitions, startup costs, construction and working capital needs
- Long-term financing commitments that aren’t affected by fluctuations in the business cycle
USDA B&I loans are right for a variety of businesses.
Did you know USDA B&I loans are not agricultural loans? Many industries and business types are eligible if their operations are rurally located, including:
- Manufacturing
- Retail
- Entertainment
- Hospitality
- Construction
- Commercial Real Estate
- Startups
- Nonprofits
Our experienced lending team has helped for-profits, nonprofits, family-held businesses and recent acquisitions access affordable financing through this program.
