Financing a Start-Up in a Rural Location

Financing a Start-Up in a Rural LocationStarting a business is the dream of countless numbers of enterprising and ambitious, prospective entrepreneurs. It begins with a great idea – identifying a problem and a solution that fulfills the needs of a certain group of customers. It can...

How the U.S. Department of Agriculture Helps Non-Agricultural Businesses

How the U.S. Department of Agriculture Helps Non-Agricultural Businesses The United States Department of Agriculture (USDA) is the federal executive department that oversees the development and application of federal laws related to farming, forestry, rural economic development, and food. Agricultural businesses are those involved in...

Refinancing with a Lower Interest Rate USDA Commercial Loan

Refinancing to secure a lower interest rate on a commercial loan can be a smart and often critically important benefit for a business owner. Lower rates and/or more favorable terms can lower monthly payments for a commercial borrower, increasing cash flow and freeing up capital to...

USDA Rural Development Loans: Help for Both Small and Large Businesses

The USDA Rural Development Loan program, also known as the OneRD Guarantee Loan Initiative, offers help for small and large businesses in rural communities across America. Launched by the United States government through the Department of Agriculture, this versatile loan program was developed to support lending...

How Do USDA Rural Development Business and Industry Loans Work?

Increasing numbers of business owners and entrepreneurs have been hearing about the USDA’s exciting new Rural Development Business & Industry (B&I) Loan Program. Part of the USDA’s OneRD program designed to help create jobs and promote economic development in rural areas, these collateral-backed loans provide exceptional...

Emerging from COVID-19 – How a USDA Rural Development Loan Can Help Your Business

As U.S. businesses continue to emerge from the COVID-19 pandemic, many are looking for ways to steady their operations and set a new path for future growth. For many, a USDA Rural Development Business & Industry (B&I) Loan may be just what the doctor ordered. Since...

Understanding What Qualifies as “Rural” in a USDA Rural Development Loan

The Definition is Larger Than You Might Think When considering where to apply for a commercial business loan, The U.S. Department of Agriculture (USDA) is one of the last institutions many entrepreneurs might consider. After all, the USDA only exists to serve farmers, right? Wrong. That’s...

How Much Funding Can I Get from a USDA Rural Development Loan?

The United States Department of Agriculture (USDA) established the Rural Development Loan program, also known as the “OneRD Guarantee Loan Initiative” to encourage private lending, investment, and economic development in rural communities across America. This successful program, launched in May 2020 and strengthened and rebranded as...

Understanding the New OneRD Regulations

The USDA Rural Development Business & Industry (B&I) Guaranteed Loan Program was created by the U.S. government to help expand economic opportunities, create jobs and improve the quality of life for millions of Americans in rural areas. Launched in October 2020, the program provides USDA-backed loan...

Getting a USDA-Backed Commercial Loan for Your New Construction Project

Securing capital to launch a new business or expand a current is always a challenge. When funds are needed for a business located in or planned for, a rural area, it typically becomes more difficult. And when credit is to be used for new construction in...

USDA Business Loans in Florida

North Avenue Capital (NAC) was founded in Ponte Vedra, Florida, in 2014 by a consortium of entrepreneurial men with an undying faith in the job-creating, community-building power of Rural America. Today, Florida-based North Avenue Capital leads the nation in competitive rural funding, occupying the enviable spot...

USDA Commercial Loans for Refinance, Acquisitions and Start-ups

Securing commercial loans for refinance, acquisitions and start-ups can be challenging for any business, let alone those in rural settings. The United States Department of Agriculture (USDA) is committed to supporting life in rural communities across America in a variety of ways including encouraging private investment...

What Constitutes a “Good Credit History” When Applying for a USDA Rural Development Loan?

Good credit is important for most aspects of contemporary living. Lenders evaluate credit scores and other elements to determine one’s history of paying their debts to entities that lend them money. Business loans are no exception. They require a good credit history. This is all the...

5 Unique Benefits of USDA Rural Development Loans

Many businesses and individuals may be surprised to learn that capital for their existing businesses or start-up ideas are available through the United States Department of Agriculture (USDA). The USDA offers government-backed business loans to borrowers who need funding in areas of “rural” and/or “low populations”....

Qualifying for a USDA Rural Development Loan

Rural businesses occasionally need an infusion of capital to start or grow their operations, but frequently run into issues getting funding from traditional lenders. Many lenders may not understand or desire to work with rural businesses due to their perception that the risk of default is...

Breaking Down Environmental Reports With North Avenue Capital

Taking A Closer Look at Environmental Reports: Understanding Third Party Reports with North Avenue Capital Looking for a USDA Commercial Loan? In order receive these government-guaranteed loans from the USDA through North Avenue Capital (NAC), an application must be submitted on behalf of the borrower for...

Understanding Feasibility Studies With North Avenue Capital

Taking A Closer Look at Feasibility Studies: Understanding Third Party Reports with North Avenue Capital. The USDA Rural Development Program requires specific third party documentation to be attached in the final application submitted to the USDA. At North Avenue Capital (NAC), we are dedicated to helping...

Taking A Closer Look at Appraisal Reports

Taking A Closer Look at Appraisal Reports: Understanding Third Party Reports with North Avenue Capital. Knowing the different types of third party reports your business must undergo before it can officially apply for a USDA Business and Industry Loan is an important first step. Those third...

A Guide to Understanding Third Party Reports

Securing A USDA B&I Loan: A Guide to Understanding Third Party Reports with North Avenue Capital. Obtaining a USDA B&I Loan, or any loan that falls under the USDA Rural Development Program requires a series of reports which fit into the final application to submit for...

Rural Development Loans To Increase Engagement in Your Community: Laying Your Foundation with North Avenue Capital.

As a nationwide provider of rural development loans, NAC is well-positioned to help match the USDA goal of saving and creating jobs in rural areas. TABLE OF CONTENTS: Rural Development Loans: Giving You More Time to be Creative Rural Development Loans: Finding and Receiving Financing...