The Business and Industry (B&I) Guaranteed Loan Program helps create jobs and stimulates rural economies by providing financial backing for rural businesses. This program provides guarantees up to 80% of a loan made by a lender. The primary purpose is to create and maintain employment and improve the economic climate in
rural communities.
Lower your Risk
Program guaranty up to 80% depending on loan size
Grow your Portfolio
Expand existing relationships
Add new clients with broader lending ability
Increase your Competitive Edge
Provide your business clients up to 90% project financing
sbaSTRATEGIES can assist with the processes for application to servicing the loan
sbaSTRATEGIES has program experts that can answer program related questions for you and the borrower
Advantages to the Participating Lender:
No size restrictions
Lenders can negotiate interest rates
Low equity requirements – 10% for existing businesses; 20% for startups; 25-40% for energy projects
As a lender, you capture all deposit relationships, which means your relationships will grow as borrowers grow in their businesses
Most loans meet Community Reinvestment Act (CRA) compliance requirements
