Loan Programs: Food Supply Chain | North Avenue Capital


USDA Food Supply Chain Loans


$2 Million - $40 Million

Loan Amounts

No Rural Constraint

Nationwide Eligibility

No Annual USDA

Guarantee Fee










Putting food on Americans' tables requires more than farmers. It also requires processors and packagers, in locations both rural and urban. With that in mind, the USDA just launched (late 2021) a new guaranteed lending program for Food Supply Chain participants of all varieties. 

Like the USDA's other three programs, USDA Food Supply Chain (USDA FSC) offers competitive financing and generous terms. But unlike others, the USDA FSC program has no USDA guarantee fee, has a $40 million maximum loan amount, and has no rural requirement. 

Food Supply Chain Financing 101

The USDA Food Supply Chain (USDA FSC) Loan Program, which was launched in late 2021, helps to bolster our nation’s food system by providing dedicated funds for food supply chain participants of all varieties (meat, poultry, and seafood manufacturers, food packagers, cold storage facilities, distributors, etc.). NAC CEO Joseph Rowell explains how the USDA’s FSC program strengthens our domestic food supply chain infrastructure and highlights the program’s parameters.

USDA Food Supply Chain Participants of All Varieties

Meat, Poultry, & Seafood

Food Packagers

Cold Storage Facilities




USDA FSC Advantages

  • No Rural Constraint (urban operations welcome!)
  • $1 billion in total funding available (This program won't last long!)
  • $40 million max per borrower
  • No annual USDA guarantee fees
  • 40-year terms

A Borrower Just Like You


Just west of Waco, Texas, a team of skilled meat processors prepares steaks, ground beef, and roasts for chefs, line cooks, and home cooks throughout the country. On their nameplates is the logo of I O Ranch Processing, a company operating in the rural town of Evant, thanks to a $1.9 million loan guaranteed by the USDA.

The funds were secured with the help of a team of government-guaranteed lending experts at NAC -- the same team that stands by to assist applicants in search of USDA-backed loans today.

Interested in Discussing a USDA FSC Loan for your Business?

  • Minimum loan amount: $2 million