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USDA Business Loans

Government-backed financing for rural and agricultural businesses

USDA Business & Industry (B&I) loans provide government-guaranteed financing for rural businesses. Similar to SBA loans but for rural areas, they offer competitive terms for business acquisition, real estate, equipment, and working capital in communities with populations under 50,000.

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Loan Range
$50K – $25M
Typical Rate
Variable or fixed, competitive
Down Payment
10-20%
Term
7-30 years
Closing Time
60-120 days

🎯 Best For

  • Rural businesses
  • Agricultural operations
  • Rural real estate
  • Businesses in towns under 50,000 population

✅ Advantages

  • Up to 80% government guarantee
  • Long terms available
  • Competitive rates
  • Flexible use of funds

⚠️ Considerations

  • Must be in eligible rural area
  • Lengthy approval process
  • Extensive documentation
  • Limited lender availability

USDA Loan Requirements

  • Business in area with population <50,000
  • For-profit or nonprofit
  • Unable to get credit elsewhere
  • Sufficient cash flow

Top USDA Lenders

6 lenders offer usda business loans nationwide.

Live Oak Banking Company

SBA Verified

WILMINGTON, NC

One of the nation's top SBA 7(a) lenders, specializing in lending to small businesses across healthcare, veterinary, beverage, self-storage, and other industries. Offers SBA loans, USDA loans, conventional business loans, and commercial real estate financing.

Nationwide
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Celtic Bank Corporation

SBA Verified

SALT LAKE CITY, UT

Industrial bank and top SBA preferred lender headquartered in Salt Lake City. Specializes in SBA 7(a) lending for business acquisitions, partner buyouts, commercial real estate, and working capital. Also offers USDA business loans.

Nationwide
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Stone Bank

SBA Verified

MOUNTAIN VIEW, AR

Arkansas-based bank specializing in government-guaranteed lending including SBA, FSA, and USDA business loans. Offers nationwide lending with expertise in SBA 7(a) financing for small business acquisitions and real estate.

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Banner Bank

SBA Verified

WALLA WALLA, WA

Pacific Northwest regional bank headquartered in Walla Walla, Washington. Offers SBA 7(a) loans, commercial real estate, agricultural lending, and business banking across Washington, Oregon, Idaho, and California.

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FFB Bank

SBA Verified

FRESNO, CA

Fresno, California-based community bank offering SBA 7(a) loans, commercial real estate, agricultural lending, and business banking. Serves California's Central Valley and beyond.

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Plumas Bank

SBA Verified

QUINCY, CA

Quincy, California-based community bank offering SBA 7(a) loans, commercial real estate, agricultural lending, and business banking. Serves businesses in rural Northern California and Nevada.

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USDA Business Loans FAQ

What qualifies as a 'rural area' for USDA loans?
Generally, areas with a population of 50,000 or less. You can check eligibility at the USDA's online mapping tool.

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