The USDA Business & Industry (B&I) Loan Program is an asset-based loan program designed to help credit-worthy rural businesses obtain needed credit to grow and create jobs in their local communities. The program bolsters the availability of private credit by guaranteeing loans for businesses in rural areas across the US.

LOANS AVAILABLE $1MM TO $25MM

USDA B&I Loans through Park Cedar Commercial Lending require our Borrowers to need a minimum of $1MM financing and cannot exceed $25MM.

Maximum Advance Rates

Real Estate: 80% Fair Market Value (FMV)
Equipment: 70% Fair Market Value (FMV)
Inventory: 60% of Book Value (Raw Inventory & Finished Goods Only)
Accounts Receivable: 60% of Book Value (Less than 90 days)

Maximum Loan Guarantee

80% = Loan amount < $5MM
70% = Loan amount: $5MM-$10MM
60% = Loan amount > $10MM

Interest Rates

Prime at Close + 1-3%

GOAL OF PROGRAM

The USDA helps create jobs and stimulates rural economies by providing financial backing for rural businesses and properties.

Build Business. Grow communities. Strengthen economies.

BUSINESSES THAT QUALIFY

For-profit businesses
Nonprofits
Cooperatives
Federally-Recognized Tribes
Public Bodies
Individuals