Guided by 100+ combined years of experience. Backed by powerful USDA loan programs.
What is a USDA Loan?
USDA loans are government-guaranteed financing backed by the U.S. Department of Agriculture. These loans make it possible for rural businesses to access capital for projects that might not qualify under traditional lending standards, whether you’re building new facilities, purchasing equipment, refinancing debt, or investing in renewable energy.
USDA loans reduce the risk for banks and credit unions, making it easier for small and mid-sized businesses, nonprofits, agricultural producers, and community organizations to secure funding. Programs include Business & Industry (B&I) loans, Community Facilities (CF) loans, the Rural Energy for America Program (REAP), Section 9003 bioenergy loans, and Farm Service Agency (FSA) loans, each tailored to specific needs and industries.
At Phoenix, we specialize in guiding borrowers through every step of the USDA loan process, helping you select the right program, prepare your application, and move from approval to funding with confidence.
USDA Loans We Offer
USDA Business & Industry (B&I) Loans
A USDA Business & Industry (B&I) loan is a government-guaranteed loan designed to help businesses in eligible rural areas grow and succeed. Issued through approved lenders and backed by the U.S. Department of Agriculture, these loans offer competitive rates, flexible terms, and can be used for real estate, equipment, working capital, refinancing, or business acquisitions, making them a powerful financing option for rural business development.
USDA Community Facilities (CF) Loans
A USDA Community Facilities (CF) loan is a government-backed financing program that helps fund essential community projects in rural areas. Available through approved lenders, CF loans can be used to build, upgrade, or expand critical facilities such as healthcare centers, public safety buildings, schools, libraries, and community centers. With competitive interest rates, flexible repayment terms, and the USDA guarantee, CF loans make it possible for rural communities to access the infrastructure and services needed to improve quality of life and support long-term growth.
USDA REAP Loans
A USDA Rural Energy for America Program (REAP) loan helps agricultural producers and rural small businesses reduce energy costs and improve efficiency by funding renewable energy systems and energy-efficient upgrades. REAP loans can be used for projects like installing solar panels, wind turbines, energy-efficient lighting, HVAC systems, or insulation. With competitive interest rates, flexible terms, and the backing of the U.S. Department of Agriculture, REAP loans make it easier for rural businesses to lower operating costs, modernize operations, and contribute to a cleaner energy future.
USDA Section 9003 Loans
A USDA Section 9003 Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program loan supports the development, construction, and retrofitting of commercial-scale facilities that produce advanced biofuels, renewable chemicals, or biobased products. Backed by the U.S. Department of Agriculture, these loans help businesses access the capital needed for large-scale renewable energy and bio-product projects. With competitive terms and substantial loan guarantees, the 9003 program is designed to advance innovation, create jobs, and strengthen rural economies while promoting sustainable energy solutions.
USDA FSA Loans
A USDA Farm Service Agency (FSA) loan provides financing to help farmers and ranchers start, expand, or strengthen their agricultural operations. Designed for both new and experienced producers, including those who may not qualify for traditional loans. FSA loans can be used to purchase farmland, livestock, equipment, seed, and supplies, or to make improvements to existing operations. With competitive interest rates, flexible terms, and targeted programs for beginning farmers, minority farmers, and veterans, USDA FSA loans make it possible to build sustainable, thriving farms that support rural communities and America’s food supply.
With over 100 years of USDA lending experience, our team knows how to navigate the most complex project, so we can get you approved faster.
How Can I Use a USDA Loan?
Construct or Renovate Facilities
Build new structures or upgrade existing buildings, perfect for expanding capacity, improving efficiency, or modernizing your space.
Purchase Real Estate
Buy land, buildings, or commercial property to expand or relocate your business operations.
Aquire a Business
Use USDA funds to purchase an existing business, including key assets and operations, in an eligible rural area.
Buy Machinery or Equipment
Invest in essential equipment or technology to boost productivity, streamline operations, or support new business offerings.
Refinance Existing Debt
Improve cash flow by refinancing high-interest or short-term loans into longer-term, lower-rate USDA-backed financing.
Provide Working Capital
Access funding for everyday operational expenses such as payroll, inventory, or marketing to keep your business running smoothly.
Understanding the USDA loan Programs
USDA loans is designed to strengthen rural communities by supporting the growth and development of eligible businesses. With higher loan limits, longer terms, and flexible use of funds, USDA loans are a valuable resource for entrepreneurs and organizations building their futures in rural America.
Because USDA loans are government-backed, lenders are more willing to offer favorable rates, especially to borrowers who might not qualify for conventional financing.
Loan Amounts & Terms
From $200,000 to over $25 million
Fees
One-time guarantee fee, generally 1% to 3% of the guaranteed portion.
Interest Rates
Competitive fixed and variable rates
At Phoenix, we know how to structure USDA loans to maximize your funding potential.
What Documents Will I Need to Apply?
To apply for a USDA loan, you’ll need to gather some important financial and business documents ahead of time. Incomplete documentation or missing items may delay the process or reset the application timeline.
Before you begin, it may be wise to consult with your accountant or a tax advisor to ensure your paperwork is accurate and complete.
Commonly Required Documents
Financial Statements
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Current (within 90 days) balance sheet and income statement for the borrower, any guarantors, and parent/affiliate companies.
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Historical financials for the past three years (or all years of operation if less than three), including profit & loss and cash flow statements.
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Pro forma financial projections for at least two years after the project reaches full scale, along with a closing-date pro forma balance sheet. All projections should include clear assumptions
Credit & Guarantor Documentation
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Credit reports for any individual or entity owning 20% or more of the business, as well as for each guarantor and related affiliates.
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Personal or corporate financial statements for the guarantors, not more than 90 days old
Business Plan & Project Details
A detailed business plan describing the company, leadership experience, services or products, marketing plan, loan purpose, and job creation or retention commitments. If applicable, a feasibility study may substitute for a business plan.
Collateral & Environmental Requirements
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Documentation verifying asset ownership and appraised value, required for collateral, especially if real estate or equipment is part of the project.
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Environmental reviews or Phase I assessments may be required for real estate projects or site development.
Insurance Coverage
Proof of hazard, flood, worker’s comp, and potentially life or liability insurance to protect both lender and business interests, depending on the project setup.
See if you’re eligible for a USDA loan by entering your project address below.
Did you know that 97% of the geographic United States is made up of communities of 50,000 people or fewer? That means that entities and entrepreneurs within 97% of the geographic United States are eligible for the USDA Rural Development Program. Verify your eligibility by entering your address below.
Enter your project address below to determine if it meets the geographic eligibility requirements for a USDA-guaranteed loan program from Phoenix.
