USDA Loan Guaranty Program

The Business and Industry (B&I) Guaranteed USDA Loan Program helps create jobs and stimulates rural economies by providing financial backing for rural businesses. This USDA loan program provides guarantees up to 80 percent of a loan made by a commercial lender. Loan proceeds may be used for working capital, machinery and equipment, buildings and real estate, and certain types of debt refinancing. B&I loan guarantees can be extended to loans made by recognized commercial or other authorized lenders in rural areas (this includes all areas other than cities of more than 50,000 people and the contiguous and urbanized area of such cities or towns).*

Click here to visit the USDA’s website and learn more about this program:

Since providing superior service to our business clients means more than just making loans, Capital Bank networks regularly with a wide range of non-profit organizations that provide entrepreneurial counseling, technical assistance, business planning classes and more. By keeping connected in these support organizations, Capital Bank is able to help its business clients access a full range of business support services at little to no cost.

*Source: U. S. Department of Agriculture website