What is a USDA business loan?

The USDA Business & Industry (B&I) Loan Guarantee Program helps rural businesses access financing by guaranteeing up to 80% of loans made by approved lenders. It's similar to SBA 7(a) but restricted to rural areas (population under 50,000). Loan amounts up to $25 million, terms up to 30 years for real estate. USDA B&I loans are underused and can be excellent for rural businesses that struggle to access capital.