USDA Business Loans in Mississippi
Browse 3 lenders offering usda business loans in Mississippi. Compare rates, requirements, and loan programs — then connect directly.
USDA Lenders in Mississippi
3 lenders offering usda business loans to borrowers in Mississippi.
Live Oak Banking Company
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.
Celtic Bank Corporation
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.
Stone Bank
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.
About USDA Business Loans in Mississippi
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. In Mississippi, 3 lenders currently offer USDA financing with loan amounts from $50K to $25M and rates typically ranging from Variable or fixed, competitive.
Mississippi Market Overview
Mississippi offers among the lowest costs of doing business in the nation, attracting manufacturing operations and automotive assembly plants. The Gulf Coast region supports shipbuilding, energy, and gaming-related commercial activity.
Mississippi's fee-in-lieu-of-taxes (FILOT) agreements and the state's Advantage Jobs program offer significant property tax and payroll rebate incentives for qualifying commercial and industrial projects. The state has no franchise tax on the first $100,000 of capital, and property tax assessments for commercial properties are set at 15% of true value, keeping effective tax rates relatively low. Gulf Coast casinos and hospitality properties must navigate specialized gaming commission requirements, and hurricane risk along the coast requires thorough insurance and structural resilience planning.
Who Should Consider USDA Business Loans?
- Rural businesses
- Agricultural operations
- Rural real estate
- Businesses in towns under 50,000 population
Key Requirements
- Business in area with population <50,000
- For-profit or nonprofit
- Unable to get credit elsewhere
- Sufficient cash flow
Pros and Cons
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 Business Loans FAQ
What qualifies as a 'rural area' for USDA loans? ▼
Find USDA Lenders in Mississippi
Get matched with lenders offering usda business loans in MS. Free for borrowers.
Get Matched — Free →