Nationwide USDA B&I Financing

First Home Bank is a nationwide USDA Business & Industry (B&I) lender with an in-depth knowledge of the USDA loan program. USDA loans are a high priority for First Home Bank and we are committed to USDA lending, which promotes economic opportunities in rural communities.

The USDA Business and Industry (B&I) Loan Program offers businesses the opportunity to help create and maintain employment and improve the economic and environmental climate in rural communities. USDA loans offer stability, growth, expansion and employment.


Loan Amounts up to $10 million
Loan Uses Business & Industrial projects, Acquisitions, Refinancing, Construction, Modernization, Expansion, and the purchase of Equipment, Machinery & Supplies
Loan Terms Longer repayment terms – Up to 30 years with no balloons – Loans are fully amortizing
Rates Low, competitive interest rates
LTV Higher loan-to-value than conventional loans
Equity A minimum of 10% tangible balance sheet equity (20% for new businesses)
Eligibility Any legal entity including individuals, public, and private organizations located in a rural community as defined by the USDA Mapping Program (census population of 50,000 or less)