USDA Food Supply Chain Guaranteed Loan Program
This is a newly create USDA program for US business within the US Supply chain including businesses that are engaged in aggregating, processing, manufacturing, storing, transporting, wholesaling, or distributing food. To qualify the borrowers must be engaged in Commercial food production, either directly or through contractual, lease, or service agreements.
- Loan Amounts: $500K to $40M
- LTV up to 90%
- Fixed Rates
- Loan Term up to 40 years
- Startups – OK
- Use of funds for Working Capital, Equipment Financing; Real Estate Purchase, Construction and Development.
- Projects can be in both rural and urban areas.
USDA Food Supply Chain Guaranteed Loan Program
This is a newly create USDA program for US business within the US Supply chain including businesses that are engaged in aggregating, processing, manufacturing, storing, transporting, wholesaling, or distributing food. To qualify the borrowers must be engaged in Commercial food production, either directly or through contractual, lease, or service agreements.
- Loan Amounts: $500K to $40M
- LTV up to 90%
- Fixed Rates
- Loan Term up to 40 years
- Startups – OK
- Use of funds for Working Capital, Equipment Financing; Real Estate Purchase, Construction and Development.
- Projects can be in both rural and urban areas.
To qualify the borrowers must be engaged in:
1. Aggregating, processing, manufacturing, storing, transporting, wholesaling, or distributing food.
2. Commercial food production, either directly or through contractual, lease, or service agreements.
3. Start-up or expand food supply chain activities including aggregating, processing, manufacturing, storing, transporting, wholesaling, or distributing food