Intermediary Relending Program
The Intermediary Relending Program (IRP) provides one percent loans to nonprofit development
organizations for establishment of revolving loan programs for loans to small businesses. Applications from each
state are selected for funding through a nationwide competition. Assistance through the IRP program is limited to
areas with a population of less than 25,000.
To be eligible for assistance, the nonprofit development corporations (intermediaries) and their loan applicants
must be unable to obtain financing elsewhere at reasonable rates and terms. Additional loans can be requested until
the maximum loan amount to intermediaries is determined each fiscal year. The maximum loan amount in years past
was $750,000.
Intermediaries can use the funds to make loans of up to $150,000 to private or public organizations and other
local businesses.
For more information on this or any program offered by Rural Development, please contact your
nearest Area Office.
