USDA Rural Development Loans
Loan Program Overview
Business Loans (B&I Loans)
Winery & Distillery Loans
Family Entertainment Loans
Mission & Values
Annual Report 2020
USDA B&I Whitepaper
North Avenue Capital Advantage
Why Choose NAC As Your Lender
Availability of Capital
NAC can lend up to $25,000,000 per project, substantially more than traditional financing sources focused on rural communities.
NAC is not limited by geographic location like many rural-oriented financial institutions and can partner on projects in all 50 states.
Simplified Loan Structure
NAC specializes in consolidating multiple types of debt into a single loan structure that is fully amortized, non-callable, with no balloon payments over time.
NAC includes inventory, accounts receivable, and equipment as collateral, allowing access to greater amounts of debt than conventional loans collateralized exclusively by real estate.
Early Stage Businesses
NAC works with a diverse spectrum of companies, including start-ups, projection-based businesses, and niche industries that are often unable to obtain conventional debt.
Amortized Working Capital
NAC loans amortize working capital fully over the average lifespan of the loan’s collateral, lowering overall loan payments and eliminating the potential of a non-renewal.
Assumable Loan Terms
NAC loans can be assumed by new owners, increasing exit valuations and making a business far more attractive to potential acquirers.
No SBA Limitations
NAC loans are not limited by SBA caps which prohibit a borrower from receiving more than $5,000,000 in financing across all projects.
Construction Perm Loans
NAC originates interest-only construction loans, with preset conversions to permanent debt, saving borrowers from multiple closings and eliminating uncertainty, changes in terms, and equity calls.
We're Business Owners, Too
NAC has experience starting, building, and operating successful businesses across multiple industries, and is committed to forming lasting partnerships, not just closing loans.