Business Lending: USDA Loans

USDA LoansBankFIRST’s USDA-backed Loan Program assists businesses in rural areas throughout Central Florida.

 

BankFIRST works with business lending clients to assure qualification for USDA programs that provide larger loan sums than SBA loans, while maintaining the long-term benefits provided by government-backed loans.

  • Provide employment
  • Improve the economic or environmental climate
  • Promote the conservation, development, and use of water for aquaculture
  • Reduce reliance on nonrenewable energy resources by encouraging the development and construction of solar energy systems and other renewable energy systems

Fund Usage:
Fund use must be consistent with the general intent of the program regulations - including but not limited to the following:

  • Business and industrial acquisitions when the loan will keep the business from closing, prevent the loss of employment opportunities, or provide expanded job opportunities
  • Business conversion, enlargement, repair, modernization, or development
  • Purchase and development of land, easements, rights-of-way, buildings, or facilities
  • Purchase of equipment, leasehold improvements, machinery, supplies, or inventory

Contact a BankFIRST Business Lending Specialist

 

Government USDA Site

 

Important Documents

For personal delivery /  in-branch submission only.  Not to be transmitted electronically upon completion.

Application Package
Checklist

Application for Loan
Guarantee

Personal Financial
Statement

Subject to evaluation or review for credit worthiness.  Completion and/or submission of information does not guarantee an extension of credit. 
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