USDA Business &
$2 Million - $25 Million
Without your work, fine dining would be unrecognizable. Backyard barbecues would offer little more than chips and soda. Fast-food restaurants would serve empty buns. And the 500,000 people who put food on their own families' tables by putting meat on the tables of others would be forced to find employment elsewhere.
Meat processing is a major industry in America – one whose operations straddle rural and urban, agriculture and industry. The output of America’s meat manufacturing, processing, and packaging professionals is served on tables blocks away and in restaurants continents apart. To put it simply, meat is an American mainstay. And the USDA is determined to keep it that way.
Satisfying Americans’ love for meat is 9 billion chickens, 32 million cattle, and 241 million turkeys. Chicken is by far and away our country’s most popular meat by any standard.
Processing all this protein is a group of more than 500,000 people who raise, trim, pack, and distribute the most prominent “mains” on American tables. That sizable workforce is just one of the reasons the USDA offers special funding to support the operations of those who put food on our tables.
Meat Manufacturers can access government-guaranteed financing from NAC, which harnesses a USDA lending program earmarked for rural businesses. Funds of up to $25 million are available for terms up to 30 years through the USDA Business & Industry Loan Program.
Entrepreneurs and businesses of all sizes can apply for USDA B&I Loans as long as the business or project is in a location deemed rural by the USDA. Check out NAC's map tool to verify if your project is in an eligible location.
USDA Business & Industry loans can be used to purchase equipment, pay for construction costs, refinance existing debts, and more.
Meat & Poultry
Cold Storage Facillities
The NAC team is comprised of savvy investors, experienced bankers, and creative marketers. Each brings a unique perspective to the table, empowering NAC to view each loan from multiple angles. We operate as a united front, working in tandem to offer our customers true partnership from engagement to close. For a true partner in securing funding for a meat manufacturing project, Look North.