USDA IRP Rural Loan

The Rural Loan Fund: Bringing Economic Vitality to Small Communities in Washington

Rural, non-agricultural, businesses have a distinct set of challenges and opportunities.

Rural businesses see tremendous support from their communities but can sometimes lack varied opportunities for access to capital. Our Rural Loan Program was designed to support those businesses in areas where the population is 25,000 or less.

How can the rural loan program be used?

Loans up to $250,000

Flexible pricing and fees (fees can be financed into the loan) Fixed interest rates for the life of the loan and no prepayment penalty Up to 75% financing (90% financing option available with a participating lender) Can be used to finance commercial real estate, machinery, equipment, or consolidate debt

We can offer our Rural Loan Fund in the following Washington counties:

Clallam, Clark, Cowlitz, Grays Harbor, Jefferson, King, Kitsap, Kittitas, Klickitat, Lewis, Mason, Pacific, Pierce, Skamania, Skagit, Thurston, Wahkiakum, Yakima

Contact us if your county is not listed.  We can refer you to another lender or help you with another one of our lending programs.

USDA Rural Development is an Equal Opportunity Lender, Provider and Employer.

Complaints of Discrimination should be sent to: USDA, Director, Office of Civil Rights, Washington, D.C., 20250-9410

 

 

Bio Picture:

Teo Ransum

Programs Loan Officer
800-878-6613 x 482
office: 907-746-5047 cell: 907-795-6504
Region(s): SBA Community Advantage