USDA REAP Loan | Competitive Terms Guaranteed | North Avenue Capital

 

Rural Energy for America Loans

USDA REAP LOANS FROM NORTH AVENUE CAPITAL

USDA-Guaranteed

Lending

Competitive Terms

Guaranteed

Renewable Energy

Nationwide

 

 

 

 

 

 

 

 

 

Small business owners know all too well, energy is expensive. But replacing or improving energy-inefficient equipment is expensive, too. That’s why the USDA enacted the Rural Energy for America Program (REAP).

The program provides government-guaranteed loans and grants to agricultural producers and rural small businesses to upgrade, replace, or construct energy-efficient systems. Powering the instruments of industry just got easier.

  

REAP Financing 101

NAC CEO Joseph Rowell and Veritex Community Bank President and CEO Malcolm Holland unpack how the USDA's Rural Energy for America Program (REAP) benefits business owners and brokers alike through government-guaranteed commercial loans specifically earmarked for renewable energy projects across rural America. 

Eligible Use of Funds

Renewable Energy Systems

USDA REAP Biomass Energy System Loan

Biomass

USDA REAP Geothermal Energy System Loan

Geothermal

USDA REAP Hydropower Energy System Loan

Hydropower

USDA REAP Hydrogen Energy System Loan

Hydrogen

USDA REAP Wind Energy System Loan

Wind Generation

USDA REAP Solar Energy System Loan

Solar Generation

Ocean Generation

Energy Efficiency Improvements

USDA REAP HVAC Energy Efficiency Improvement Loan

HVAC

USDA REAP Insulation Energy Efficiency Improvement Loan

Insulation

USDA REAP Lighting Energy Efficiency Improvement Loan

Lighting

USDA REAP Cooling and Refrigeration Energy Efficiency Improvement Loan

Cooling & Refrigeration

USDA REAP Doors and Windows Energy Efficiency Improvement Loan

Doors & Windows

USDA REAP Pumps for Sprinkler Pivots Energy Efficiency Improvement Loan

Pumps for Sprinkler Pivots

USDA REAP Diesel to Electric Irrigation Motor Energy Efficiency Improvement Loan

Diesel to Electric Irrigation Motor

Defining Rural:

97% of America

Our customers are often surprised to hear that we only lend to rural businesses — and even more surprised to discover they’ve actually been operating one. 97% of the geographic U.S. is considered rural. Find out if your address qualifies in 10 seconds.

USDA Rural Eligibility Map Updated October 2023

Learn More with a FREE Guide

For reliable facts and funding,

Look North.

The USDA REAP loan program is unlike any other. Securing financing requires specialized knowledge of the USDA's criteria, creative solutions to complex requirements, and persistence every step of the way. Our team of specialists has distilled our expertise into a two-page guide to USDA REAP funding. Access your copy today.

Contact a Loan Specialist Today

Whether you have a project that needs funding, you are a broker with a few on your desk or you are trying to learn more about the USDA Rural Energy for America Loan from NAC, our Loan Specialists are here to help. Fill out the form below and we will get back to you promptly.

  • Minimum loan amount: $2 million
  • Hidden
    MM slash DD slash YYYY
  • This field is for validation purposes and should be left unchanged.

NORTH AVENUE CAPITAL EXPLAINS

USDA Rural Energy for
America Program Loan

vs.

USDA Rural Energy for 
America Program Grant

Learn More Details About the USDA REAP Loan Program

How To Get a USDA Business Loan for your Rural Business in 3 Easy Steps

Getting a USDA-backed business loan to secure working capital for your rural business may be easier than you’ve imagined. The U.S. Department of Agriculture supports commercial lending to rural businesses through its OneRD Guaranteed Loan Initiative. The program offers loan guarantees to lenders, so they are encouraged to provide commercial funding to a wider range…

Overcoming Challenges to Qualify for a USDA Rural Development Business Loan: Strategies and Resources

The United States Department of Agriculture (USDA) Rural Development Program provides loan programs to businesses located in rural areas. These loans can be used to start or expand a business, purchase land or equipment, or even refinance existing debt. However, qualifying for these loans can be challenging for some, especially for small businesses with limited…

Best Guaranteed Loan Options for Florida's Rural Entrepreneurs

The USDA provides a variety of commercial loan options in Florida to help rural entrepreneurs in the Sunshine State stimulate new business and create economic opportunity. The need for guaranteed business financing in Florida could not be greater. According to the most recent figures from the U.S. Census Bureau, from January 2021 to January 2022,…