USDA Business & Industry Loans

Ready Capital helps rural businesses secure USDA B&I loans nationwide. Get funding with flexible financing tailored to business growth goals.

Fund Rural Development Projects with a USDA B&I Loan

Rural business owners are invested in creating jobs for their communities—and they need more capital to turn that plan into a reality. Unfortunately, many commercial lenders aren’t willing to provide funding for rural business growth projects.

To fund a project without getting stuck with high monthly payments, non-amortizing loans, and excessive interest rates, the United States Department of Agriculture Business and Industry (USDA B&I) loan program may be a viable solution. These government-guaranteed loans allow for-profit and nonprofit businesses to fund job creation projects in rural areas with favorable lending terms.

Whether running a manufacturing company in rural Kansas or a hospital in a small Alabama town, Ready Capital is here to guide business owners through the B&I process and help obtain the funds they need to invest their community’s future.

USDA B&I Loan Details

  • Loan Amount: Up to $25 million
  • Terms: 7 to 30 years
  • Rates: Competitive Rates
  • Territory: Nationwide
  • Occupancy: Owner-occupied commercial real estate, business loans
  • Can help where SBA isn’t a fit:
    • Loan sizes > SBA limits
    • CRE <51% Owner Occupied*
    • Borrower has used up or wishes to preserve SBA eligibility
    • Borrower does not meet SBA “credit elsewhere” criteria

* While CRE may be <51% Owner Occupied, CRE must still be used >50% for business purposes (non-residential).

Important Information about USDA: Ready Capital, through its subsidiary, ReadyCap Commercial, LLC, is regulated by and complies with all requirements of the USDA B&I program as set forth by the United States Department of Agriculture under the OneRD Initiative.

Eligibility Requirements

To qualify for a USDA Business and Industry loan, businesses must:

  • Be a for-profit, non-profit, federally-recognized Tribe, public body, or individual located in the U.S.
  • Plan to use loan funds in a rural area (less than 50,000 inhabitants)

Get Professional Recommendations from a Top USDA B&I Lender

Ready Capital does more than provide the funds for a USDA Business and Industry loan. We strive to help our business partners make the most informed decisions and understand their non-conventional loan options while remaining focused on their business. Our team understands that rural companies may not have the time or expertise to seek several funding sources, so we work to expedite and simplify the process.

Book a Loan Consultation Today

In a 15-minute call, our Ready Capital experts can determine if a business is eligible for government-guaranteed funding and can select the right loan type to meet business needs.

Schedule My Consultation

About Ready Capital

Why Choose Ready Capital for USDA Business Loans?

Ready Capital is a trusted partner for small business loans.
Here’s why clients think we’re different.

Publicly Traded

A non-bank, non-depository, listed on the New York Stock Exchange (NYSE:RC)

SBA Preferred Lender

The #4 SBA Preferred Lender in the United States

Responsive Lending

More flexible lending delivers better outcomes

Nationwide Coverage

Lends in all 50 states, delivering over $1.6B in capital

Dedicated Service

A reliable Ready Capital representative manages each transaction

Rapid Execution

Approval process focused on speed, dependability, and transparency

Have a question about USDA B&I Loans?

FAQs

The U.S. Department of Agriculture (USDA) has a Business and Industry (B&I) loan program reserved for rural communities of less than 50,000 people.

Guaranteed loans are loans that – in the case of SBA 7(a) and USDA loans – are guaranteed by the U.S. government. In other words, the U.S. government backs or takes on the debt obligation of these loans.

Yes, USDA loans are amortized and due monthly.