Dolor nunc vule

Cras consequat iaculis lorem, id vehicula erat mattis quis. Vivamus laoreet velit justo, in ven e natis purus.

Dolor nunc vule

Cras consequat iaculis lorem, id vehicula erat mattis quis. Vivamus laoreet velit justo, in ven e natis purus.

Dolor nunc vule

Cras consequat iaculis lorem, id vehicula erat mattis quis. Vivamus laoreet velit justo, in ven e natis purus.

Dolor nunc vule

Cras consequat iaculis lorem, id vehicula erat mattis quis. Vivamus laoreet velit justo, in ven e natis purus.

The primary purpose is to create and maintain employment and improve the economic climate in rural communities. The maximum aggregate B and I guaranteed loan amount that can be offered to any one borrower under this program is $25 million.

The percentage of guarantee, up to the maximum allowed, is a matter of negotiation between the lender and the agency. The maximum percentage of guarantee is:

          80.0% for loans of $5 million or less

          70.0% for loans between $5 million and $10 million

          60.0% for loans exceeding $10 million

The Business and Industry

(B and I) Guaranteed Loan Program helps create jobs and stimulate rural economies by providing financial backing for rural business. Loan proceeds may be used for working capital, machinery and equipment, building and real estate and certain types of debt refinancing.