USDA Food Supply Chain Guaranteed Loan is for start-up or expansion of activities in the middle of the food supply chain, particularly the aggregation, processing, manufacturing, storing, transporting, wholesaling, or distribution of food, to increase capacity and help create a more resilient, diverse, and secure U.S. food supply chain.

Fast Facts

• No Rural Constraint (urban operations welcome!)
• $1 Billion in total funding available 
• No annual USDA guarantee fees

Uses of Capital?

• All legitimate business expenses
• Refinance existing debt
• Ground-up construction
• Acquire and develop real estate

What are the Equity Requirements?

• Balance sheet is 10% of the net work for Existing Business
• 20% net worth for Startups

What are the Loan Limits?

• We lend from $2 million to $40 million.
• Exception up to $50 million.

What are the rate terms?

• Fixed interest rate
• Variable interest rate

Length of Loan?

• Up to 30 to 40 years term.
  

Loan to Value?

• Up to 90% for expanding businesses
• Up to 65% for start up businesses
  

Collateral is Equal to the Loan Amount

• Real Estate 20% discount
• Equipment 30% discount
• Other assets (receivables, inventory, IP, etc.) 40% discount

Wishing You the Best,

Karen Schimpf

e: Karen at ApplyCommercialLoans.com s:  https://www.linkedin.com/in/karenschimpf/ w:  www.applycommercialloans.com/ o:  512-358-1511

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