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FEDERAL
USDA Business and Industry Guaranteed Loan Program
Federal loan guarantees for rural businesses and cooperatives.
About this program
The Business and Industry Guaranteed Loan Program helps improve rural economies by guaranteeing loans made by private lenders to rural businesses for working capital, equipment, real estate, refinancing, and business conversion.
Eligibility
For-profit businesses, nonprofits, cooperatives, tribes, public bodies, and individuals may qualify through eligible lenders for projects in rural areas.
Requirements
- Apply through eligible lender
- Operate or locate project in eligible rural area
- Meet underwriting and eligible-use requirements