USDA Loans & Financing

What is a Business & Industry Loan?

Business & Industry loans can be used to expand or modernize your rural business, including investment in equipment and machinery. Loans can be used to purchase land or buildings for industrial or commercial use and cover related infrastructure. Business acquisitions also can be financed through the program, when the loan will maintain business operations and create or save jobs.

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USDA Business & Industry Guaranteed Loan Program

  • Loan Size – $1,000,000 to $10,000,000
  • Use of Proceeds:
    • Owner Occupied & Investment Commercial Real Estate- Purchase, construction and refinance
    • Machinery & Equipment – Purchase and refinance
    • Working Capital
  • Term – 7 to 30 years

USDA Community Facilities Guaranteed Loan Program

  • For non-profits, public bodies, and federally recognized tribes that provide an essential community facility in a town or city with a population of 20,000 people or less. An essential community facility is a facility that provides an essential service to the local community for the orderly development of the community. Example include:
    • Health care facilities
    • Public facilities (town halls, courthouses, airport hangers)
    • Community support services (childcare centers, community centers, fairgrounds, transitional housing)
    • Public safety services (fire departments, police stations, prisons)
    • Educational services (museums, libraries, private schools)
    • Utility Services (telemedicine, distance learning equipment)
    • Local Food Systems community gardens, food pantries, community kitchens, food banks)
  • Loan Size – $1,000,000 – $15,000,000
  • Use of Proceeds:
    • Purchase, construct and/or improve essential community facility
    • Purchase Equipment
    • Related Project Expenses
  • Term – Up to 40 years

Contact one of our expert specialty lenders

We are dedicated to empowering business owners to transform their dreams into reality. Our expert team members take a consultative approach to the SBA/ USDA journey to ensure you understand each step. Our team coupled with our transparent and efficient process when it comes to government-guaranteed lending is what makes us stand apart from other lenders.

Adam Huber

SBSL National Sales Manager (412) 600-9631

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Akem Durand

VP, Business Development Officer (984) 328-2807

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Alexandria Schwandt

AVP, Business Development Officer (850) 276-9996

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Charles Gillis

VP Business Development Officer (912) 293-1393

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David Moored

VP Business Development Officer (616) 901-0238

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Kandee Cotton

VP Business Development Officer (614) 403-4665

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Ken Glover

VP Business Development Officer (904) 710-1833

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Monty Chambers

VP Business Development Officer (940) 453-0465

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Robert Ruiz

VP Business Development Officer 512) 797-4742

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