
I wanted to inform the community of the USDA Rural Development Business and Industry Guaranteed Loan Program and Rural Energy for Americaa Program.
This program offers loans up to $25,000,000 in designated rural areas. This is defined as areas with a population of less than 50,000 people or less. You can see if your property falls into rural using this link:
http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do
You would be surprised what might be considered rural and what this program covers. Machinery and Equipment, Commercial Real Estate and Buildings, Retirement Homes, Grocery Stores, Gas Stations, etc. Did I say gas stations ? Environmental Policy is every bit as strict as SBA or more but they will do them.
Great terms and there are even grants that can offer 25% of energy audit expenses and 25% of energy improvement expenses.
Spread the word or direct your customers to this program.