USDA B&I Guaranteed Loan Program  

 USDA B&I (Guaranty) Financing offered by Alliance Capital Corporation. The purpose of the USDA B&I Loan Program is to provide developing, expanding entities with long-term financing for a variety of business purposes (see below). The B&I Program provides financing to a variety business entities for a number of purposes, including Business Expansion and Investment Properties.

•   Loans up to $10 Million in most cases
•   Areas where population generally falls below 50,000
•   Guaranty Fee Applies

•   Generally $10 Million (In some cases up to $25 million)

•   Business and Industrial Acquisitions
•   Purchase of Commercial Buildings, Machinery, and Equipment
•   Construction, Enlargement or Modernization of Commercial & Industrial Properties
•   Working Capital (Rules Apply-Call For Details)
•   Refinancing (Rules Apply-Call for Details)

•   Thirty Years for Real Estate
•   Fifteen Years or useful life of Equipment
•   Seven Years for Working Capital
•   10% Tangible Balance Sheet Equity - Existing Business
•   20% Tangible Balance Sheet Equity - Start-up Business
•   Variable
•   Semi-Fixed
•   Fixed

•   For Profit Business
•   Some Non-Profit Entities
•   Owner Occupied and Investment Properties