USDA Business & Industry Loans
The Business and Industry (B&I) Guaranteed Loan Program is a loan guarantee program designed to assist credit-worthy businesses obtain needed credit for most any legal business purpose.
Eligible Use of Proceeds
- Business acquisitions, construction, conversion, expansion, repair, modernization and development.
- Purchase equipment, machinery, and supplies.
- Start up costs and working capital.
- Debt refinancing under certain conditions.