NAC is well-positioned to help match the USDA goal of saving and creating jobs in rural areas.
At North Avenue Capital (NAC), we are dedicated to promoting rural development in all fifty states and US territories. To spearhead this effort, we help support the USDA Rural Development Program by providing three types of rural development loans:
By being a direct, nationwide lender, North Avenue Capital is able to position ourselves in front of many different business industries to help match the USDA goal to save and create jobs in rural areas.
Family Entertainment Loans fall into the USDA Business & Industry Loan category of the USDA Rural Development Program. Let’s break down the unique industry of Family Entertainment.
We appreciate the unique gifts an owner of a Family Entertainment Center must have to run a successful business while also creating experiences families will remember for years to come. In this guide, we introduce you to the Family Entertainment Center Loans we offer that can help bring your vision to life!
At NAC, we are proud to offer Family Entertainment Center Loans for all types of growing businesses and startups. With this loan program we strive to give you more time to be creative and take away the stress of worrying about your business finances.
Whether you are an amusement park looking to open your new ride, or a waterpark ready to develop a new wave pool, NAC has you covered! With loans from $2 MM to $25 MM, our dedicated team of loan officers and architects understand the unique challenges that can come with growing your business. We are prepared to come alongside your team to help you hit the ground running.
NAC is one of the only non-traditional lenders in the country exclusively focused on USDA Rural Development programs. If you are considering pursuing your next project with a USDA B&I Loan, it’s important to determine whether or not you qualify.
In order to receive a loan through NAC, your business must:
NAC is not your traditional lender. We are able to lend up to $25MM per project, which is significantly more than other financing sources focused on rural communities can offer. We can lend financing for start-ups, ground-up-construction, new construction, purchase acquisitions, and even refinances.
NAC also provides a simplified loan structure designed to benefit your business. We specialize in consolidating multiple types of debt into a single loan structure that is fully amortized, non-callable, with no balloon payments over time.
Our Loan Specialists are here to help you learn more about how to fund your next project. To get in touch today, we encourage you to fill out the attached form HERE.