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.
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.
Cooling & Refrigeration
Doors & Windows
Pumps for Sprinkler Pivots
Diesel to Electric Irrigation Motor
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.
Learn More with a FREE Guide
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.
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.