Much like SBA loans, USDA loans are actually loans originated and serviced by a commercial lender, but backed by a performance guarantee provided by the USDA. USDA has numerous programs designed to promote development in rural communities.

USDA logoUSDA – Rural and Community Development Business Opportunities

USDA works with private sector and community-based organizations to provide financial assistance and business planning in rural areas to create or preserve quality jobs and promote a clean rural environment in under-served areas. Recipients include individuals, corporations, partnerships, cooperatives, public bodies, nonprofit corporations, Indian tribes, and private companies.

•    Business and Industry Guaranteed Loans
•    Intermediary Relending Program
•    Rural Business Enterprise Grants
•    Rural Business Opportunity Grants
•    Rural Economic Development Loans and Grants
•    Rural Economic Development Grants

Community Development Opportunities

USDA provides loans and grants to develop essential public community facilities such as schools, libraries, childcare, hospitals, medical clinics, assisted living facilities, fire and rescue stations, police stations, community centers, public buildings and transportation in rural areas.

• Community Facilities Direct LoansBusiness Meeting
• Community Facilities Guaranteed Loans
• Community Facilities Grants
• Rural Community Development Initiative
• Empowerment Zones and Enterprise Communities
• National Rural Development Partnership

Lending in all 50 states with specific focus on the cities listed in the Standard & Poor’s Case Shiller Index – Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, Fort Lauderdale, Orlando, San Diego, New York, San Francisco, Phoenix, Atlanta, Tampa Bay, Detroit, Minneapolis-Saint Paul, Charlotte, Dallas / Fort Worth, Portland, Seattle, Cleveland, Oklahoma City, Jacksonville, Indianapolis, Nashville, Kansas City, Louisville, Milwaukee, New Orleans, Philadelphia, Raleigh, Sacramento, Salt Lake City, San Antonio, San Jose, Saint Louis, Tucson, Austin, Baltimore.