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USDA Business & Industry Nationwide

USDA Business & Industry Nationwide

First Chatham Bank is a nationwide USDA Business & Industry (B&I) lender with an in-depth knowledge of the USDA loan program. This program is designed specifically to provide for the needs of businesses located in rural areas with populations of 50,000 and less. The B&I Loan Program is made available through the United States Department of Agriculture (USDA) Rural Development guaranteed loan program. Our expert team delivers quality efficient service nationwide to a wide range of industries.

  • Borrow from $500,000 to $5,000,000 if your business is located in a rural area with a population of fewer than 50,000 as defined by the USDA Mapping Program. Click here to check your business eligibility
  • Required equity minimum of 10% tangible net worth for existing businesses and 20% tangible net worth for new businesses
  • Flexible terms up to 30 years on real estate, 15 years on heavy duty equipment and 10 years or less on small equipment, furniture, working capital and inventories

Download an Application, contact one of our Business Development Officers and upload your application today!