USDA Food Supply Chain

FROM NORTH AVENUE CAPItAL

$2MM - $40MM

Loan Amounts

No Rural Constraint
Nationwide Eligibility

No Annual USDA

Guarantee Fee

 

 

 

 

 

 

 

 

 

Putting food on American's tables require more than farmers. It also requires processors and packagers, in locations both rural and urban. With that in mind, the USDA just launched (Winter 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 MM maximum loan amount, and has no rural requirement. 

USDA Food Supply Chain Participants of All Varieties

Meat, Poultry, & Seafood

Anaerobic Digesters

Food Packagers

Cold Storage Facilities

Wholesalers

Distributors

Fast Facts

  • No Rural Constraint (urban operations welcome!)
  • $1 Billion in total funding available 
  • 90% guarantee on fixed-rate loans
  • 80% guarantee on variable rate loans 
  • $40 MM max per borrower
  • No annual USDA guarantee fees
  • 40-year terms

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.

  • Minimum loan amount: $1 million