USDA Business Loans, formally referred to as USDA Business and Industry loans, are business loans guaranteed by the U.S. Department of Agriculture (USDA) for small businesses, companies, nonprofits, and other organizations in rural communities. USDA Business Loans are made by lenders (banks or credit unions) to...
Read MoreA USDA eligibility map is used to check your business’ eligibility when applying for a USDA Business & Industry (B&I) Loan. This legend helps business owners apply for a loan that will enhance and expand economic growth opportunities within their rural communities. Those who qualify for...
Read MoreThe purpose of a USDA Business Loan is to help bolster the availability of credit for rural businesses, and to save and create jobs. USDA loans are a great option for some businesses— but not all. To help you decide if this type of loan is...
Read MoreAs with most business industries, the wine and vineyard industry has taken a hit during the COVID-19 pandemic. According to a study published by WineAmerica, the average winery lost $51,201 during the time period of March 15 – April 15. While wineries and vineyards are still...
Read MoreAs an owner of a family entertainment center (or even a future owner), you have been given the unique gift of creating fun, smiles, and memories to communities. In the family entertainment industry, it can be hard to focus on using this gift while you are...
Read MoreOne-of-a-Kind Map Need a USDA Commercial loan? Wondering if you qualify? Not sure if your business is in an eligible area? We are here to make those questions easy to answer. At North Avenue Capital, LLC (NAC) we have developed a USDA Business Loan Eligibility Map....
Read MoreThe primary purpose of the USDA Hotel and Hospitality loan through the Rural Development Program is to create and maintain employment and improve the economic climate in rural communities. In the midst of the current economic crisis from the COVID-19 virus, North Avenue Capital (NAC) and...
Read MoreLooking for a USDA Commercial loan? Wondering if you qualify? Look no further! Our USDA loan specialists at North Avenue Capital, LLC (NAC) will determine if USDA loans are right for your financing needs and if you are eligible for this type of loan. The USDA...
Read MoreManufacturing is an essential part of the United States’ economy as it supports 8.5% of the workforce. Financial needs in many industries, including manufacturing and production industries, ebb and flow. Industry demands are ever-changing, and your financial needs as an owner or affiliate of a manufacturing...
Read MoreWith the current world pandemic, now more than ever, we need quality, accessible, and affordable healthcare. We’ve seen how vital the role of healthcare professionals is right now as they fight on the front lines against COVID-19. The past few months have shown problems and broken...
Read MoreFor this article, our commercial loan experts at North Avenue Capital (NAC) wanted to share with you some facts about USDA Business Industry (B&I) Loans, Community Facility (CF)Direct Loan and Grant Program and the Renewable Energy for America Program. By reading these facts below, we hope...
Read MoreThe USDA Business & Industry (B&I) Loan Program is a loan program designed by the USDA Rural Development Program to help credit-worthy rural businesses obtain funds to grow their business and create jobs in local communities. The program bolsters the availability of credit by guaranteeing loans...
Read MoreThe USDA Business & Industry (B&I) Loan Program is a loan program designed to help credit-worthy businesses obtain needed capital to grow and create jobs in their local communities. The program bolsters the availability of credit by guaranteeing loans for businesses in rural areas across the...
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