U.S. Department of Agriculture Business & Industry (B&I) Loan Program

U.S. Department of Agriculture Business & Industry (B&I)Loan program is a rural business-cooperative program that is designed to create and maintain employment and improve the economic and environmental climate in rural communities. The USDA B&I Loan Program provides larger sums of funding than the SBA Loan Programs but with the same long-term and fully-amortizing benefits.

Eligible Borrowers:

  • For-profit companies
  • Non-profit companies
  • Businesses must be located in rural areas with a population of less than 50,000

Loan Amounts

  • Maximum: $5,000,000
  • Minimum: n/a

Guaranty Percentages

  • 80% up to $5,000,000


  • Working capital: Up to 7 years
  • Machinery and equipment: Up to 15 years
  • Real estate: Up to 30 years

Approved Uses of Proceeds

  • Business and industrial acquisitions
  • Construction
  • Conversion
  • Expansion
  • Repair
  • Modernization or development costs
  • Purchase of equipment, machinery, or supplies
  • Start-up costs and working capital
  • Processing and marketing facilities
  • Pollution control and abatement
  • Refinancing for viable projects
  • Purchase of start-up cooperative stock for family sized farms where commodities are produced to be processed by the cooperative

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