Sports & Recreation Facilities Loans
Flexible Lending Options
for Sports & Recreation Facilities
By its very definition, one could proclaim the sports and entertainment sector nothing but fun and games. Yet the ripple effects of the $83 billion category are anything but trivial. The twin industries together employ millions of people, stimulate economies both rural and urban, and support an array of related businesses, including restaurants, hotels, travel, and transportation.
Thanks to their sizable land requirement, many of the stadiums, amusement parks, and other sports and entertainment properties occupy rural territory. That seemingly inconsequential factor has a notable benefit: it can unlock competitively priced funding through the USDA’s Business & Industry Loan Program. Translation: play can be profitable, too.
LOAN DETAILS
- $25 Million Loan Amounts
- Populations of 50,000 or Fewer
- USDA Business & Industry Loans
Sports & Recreation Loans through the USDA Business & Industry Loan Program
Eligible Loan Types for Sports & Recreation
Acquisition
Business Conversion
Expansion
Ground Up Construction
Machinery & Equipment
Real Estate Purchase
Refinance
Startup
USDA SBA Combination
Working Capital
Piloting something other than play? The USDA has options.
At NAC, our rural lending experts guide applicants through the process in full. The business owners we serve are often surprised to hear that the USDA supports more than agriculture alone. In fact, the USDA Business & Industry Loan Program has nothing to do with agriculture at all. The USDA’s Business & Industry Loan Program provides government-guaranteed loans and grants to rural small businesses of all types. The Loan Program empowers entrepreneurs and entities with loans of up to $25MM, so long as they operate in communities of 50,000 or fewer.
NAC-Funded Sports & Recreation Facilities Businesses
Why Choose North Avenue Capital?
Availability of Capital
As a rural business, you could qualify for up to $25 million in funding per project – substantially more than is available through traditional lenders.
Interest-Only Options
Startup-Friendly
NAC partners with businesses of all varieties, including well-established corporations, startup enterprises, and everything in between.
Simplified Structure
NAC can consolidate multiple types of debt into a single, amortized, non-callable, balloon-payment-free loan structure.