USDA Loans

USDA Loans

USDA loans are loans backed by the United States Department of Agriculture for businesses working in rural areas. We partner with the United States Department of Agriculture to offer USDA Government Guaranteed Loans.
  • River Valley Bank offers loans for:
    • Acquisitions
    • Permanent working capital
    • Construction
    • Business expansion
    • Refinancing

Rural Lending:

The U.S. Department of Agriculture (USDA) through its Rural Development Business and Industry (B&I) Guaranteed Loan Program guarantees loans made by eligible lenders to rural businesses. 
River Valley business bankers are experts at finding the funding your business growth requires. An SBA 7(a) or a USDA Business and Industry Guaranteed loan can provide the flexibility to obtain capital for a wider range of business developments. These loans also provide excellent terms, a smaller down payment and extended repayment terms – all at very competitive rates! 
Photo fo fertile farmland.

Government Loan Programs for Rural Small Businesses

If your business is located in a rural community, you can take advantage of a variety of SBA loan programs as well as low interest loans from other agencies, such as the U.S. Department of Agriculture (USDA) and the U.S. Farm Service Agency (FSA). To qualify as a rural business, you must be in a community or area with a population under 50,000 – this tool from the USDA can help you determine if you qualify by your address.

Available loan programs include:
  • Business and Industry (B&I) Guaranteed Loan Program – Maintained by the USDA, this program provides a guarantee of up to 80% of a loan. Funds can be used for the following:
    • Developing, converting, modernizing, enlarging, or repairing your business.
    • Land purchase and development.
    • Purchasing equipment, leasehold improvements, machinery, supplies, or inventory.
    • Refinance existing debt, if new jobs will be created and other conditions are met.
    • Business and industrial acquisitions when the loan will keep the business from closing and/or save or create jobs.

Ready to Apply?

Click here to complete an online loan application.
Contact us any time throughout the process.

Questions about applying for a business loan?
Contact our business loan team:
email or
call 1-888-842-0221.

How do I Qualify for a Rural Business Loan?

We can help you understand how to best position your business for a successful loan application.