The Business and Industry Guaranteed Loans (B&I) program can back loans as high as $25 million to qualifying ventures in towns with 50,000 or fewer people. Money can be used for business and industrial acquisitions to keep a business from closing or to help it with conversion, expansion, modernization or the purchase and development of land, easements, rights-of-way, buildings or facilities. Money also can be used to buy equipment, leasehold improvements, machinery, supplies or inventory. More on the USDA’s Business and Industry Guaranteed Loans.
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