1. Lower interest rates: USDA loans generally have lower interest rates compared to other types of loans, which can help businesses save money on interest payments.
   
   
2. Flexible repayment terms: These loan programs offer flexible repayment terms, which can help businesses manage their cash flow and make payments more easily.
   
   
3. No down payment (in some cases): Some USDA loan programs do not require a down payment, which can be helpful for businesses that may not have a lot of cash on hand.
   
   
4. Access to capital: USDA loans can provide access to capital that businesses may not otherwise have been able to obtain from traditional lenders.

Business and Industry Guaranteed Loan Program 

This loan program provides guarantees to lenders for loans made to businesses, including real estate investors, in rural areas. 

• These loans can be used to purchase or develop properties, and can be used for working capital, machinery and equipment, and other expenses.

Community Facilities Direct Loan and Grant Program

This loan program provides direct loans and grants to help finance the development of essential community facilities in rural areas, including affordable housing.

• Real estate investors can use these funds to develop properties that meet the needs of rural communities.

Rural Housing Service Direct Loan Program

This loan program provides direct loans to low-income individuals and families to purchase, build, or improve homes in rural areas.

Rural Housing Service Guaranteed Loan Program

This loan program provides guarantees to lenders for loans made to individuals and families in rural areas to purchase, build, or improve homes.

1. Navigate to the USDA eligibility site here and select the program you are interested in (Business, Multifamily).
   
   
2. Enter the address of the property.
   
3. Contact the local administrator. Find their contact information here. We tested this out and they are extremely helpful