Business & Industry Loan Guarantees

By providing loan guarantees to lenders, USDA Rural Development supports the commercial financing of businesses located in rural areas which encourages job creation and improves the economic and environmental climate of rural communities.

In Action

Community Health Programs, a non-profit organization, received a loan financed through the Business & Industry Guaranteed Loan program. With this financing, they were able to purchase a new facility wherein they have 19 exam rooms (5 more than their old, leased facility). In 2009, Community Health Programs provided outpatient medical services, dental services, family services and child services to more than 7,500 low income individuals. The commercial financing they received, supported by a Rural Development guarantee, allows them to stabilize debt costs to continue to serve these residents.