USDA B&I - CH Capital Partners LLC

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The Business and Industry (B&I) Guaranteed Loan Program is a loan guarantee program designed to assist credit-worthy rural businesses obtain needed credit for most any legal business purpose. The intent is to save and create jobs in rural America.

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What is the B&I program?
The Business and Industry (B&I) Guaranteed Loan Program is a loan guarantee program designed to assist credit-worthy rural businesses obtain needed credit for most any legal business purpose. The intent is to save and create jobs in rural America.
How are you different from SBA?
The SBA 7(a) and B&I Guaranteed Loan programs are similar in that a loan guarantee is provided, but the programs operate independently. The B&I program is specifically targeted to rural businesses. Rural Development has an extensive field structure of State and Area Offices that work closely with lenders in processing and servicing B&I loans. The lender and borrower work with a specific loan specialist in their State throughout the entire loan process. Other differences include a different fee structure and loan limits.
What are eligible uses of loan funds?
Loan proceeds may be used for essentially any business purposes, including but not limited to the following: • Business acquisitions, construction, conversion, expansion, repair, modernization and development • Purchase of equipment, machinery, and supplies • Startup costs and working capital • Projects supported by New Markets Tax Credits • Debt refinancing under certain conditions