USDA Business & Industry Loan
Help strengthen your local community by giving your business the tools to be successful. The USDA Business & Industry Loan is an ideal solution for small businesses located in qualifying rural communities. The intent of this program is to save and create jobs in the community.
Grow Your Business and Your Community With a USDA Business & Industry Loan
A government-guaranteed loan program designed to help small businesses located in rural areas get the funding needed to expand or modernize, purchase equipment or inventory, refinance debt, and more! Enjoy competitive rates, affordable payments plans, and flexible terms.
Federally guaranteed term loans of up to $25 million
Guaranteed by the USDA in areas that are designated as rural with populations of 50,000 or less
Longer loan terms than conventional financing
What can I do with an USDA Business & Industry Loan?
Convert, expand, repair, or modernize operations
Purchase land, buildings, or associated infrastructure
Buy equipment, supplies, or inventory
Refinance business debt
Fund business acquisition
What is not eligible to be financed with an USDA Business & Industry Loan?
Lines of credit
Purchase owner-occupied or rental housing
Finance certain types of businesses including but not limited to golf courses, racetracks, and churches
Fund agricultural production
We Help Businesses Think Big
Whether you’re looking to start a new business, expand, or finance partner buyouts, our team of experienced SBA lenders are ready to help.
Expand or modernize your business with an SBA 7(a) loan. Our team of experienced SBA lenders are ready to help you fuel your business.Learn More
SBA 504 Loans
Fuel your business and preserve your working capital with an SBA 504 loan from Fidelity Bank. Our team of experienced SBA lenders are here to help your business grow.Learn More
SBA Express Line of Credit
Whether you are looking to start a new business, expand, or increase cash flow, we offer a variety of convenient and flexible business financing solutions tailored to your business.Learn More
I couldn’t be more pleased working with Fidelity Bank. They were very personable, cooperative, transparent, and friendly. They went above and beyond to make sure my business goals and objectives were met. They did not stop until my SBA Loan was processed, approved, and completed. I am a happy customer and would recommend Fidelity Bank to any small business, that needs a responsive banking partner. In today’s world of the “The Big Banks”, Fidelity Bank stands “Heads and Shoulders” above all of them. No Complaints – Only Praise!
Starting my own business has always been a dream of mine. When I made the decision to start the process, I really did not know where to begin. I visited my local branch of Fidelity Bank and they laid everything out and got the process started. We had many hurdles to overcome, and they helped me over all of them. The overall experience with Fidelity Bank has been awesome. I could not have done this without their help and guidance.
We have worked with Fidelity Bank to purchase two businesses and our experience has been fantastic both times! Everyone we worked with in each transaction has been very knowledgeable and responsive which is critical when dealing with the purchase of a business and all of the third parties involved. We closed on time with both acquisitions and are planning to use them again. I would highly recommend Fidelity Bank to anyone that is looking for guidance with SBA lending. They are true professionals!
I couldn’t be more pleased with working with Fidelity Bank to secure an SBA loan. Everyone was extremely helpful and always pleasant and professional. My questions and concerns were always addressed timely. I am so happy with the support I received at every step of the loan process.
Our dream would not be a reality without the Fidelity Bank team. Our focus as a business is to be community driven, to support the people around us and find ways to give back. When we needed it most, our community bank was there to help us out. For that I’m grateful. You have a customer for life!
Frequently Asked Questions
Q: How do I apply for an SBA or USDA loan?
Q: Where is Fidelity Bank headquartered?
Q: Is Fidelity Bank a Preferred SBA Lender?
Q: What areas of the United States does Fidelity Bank cover to provide SBA and USDA loans?
Q: What differentiates Fidelity Bank from other SBA lenders?
Q: What do I need to apply?
Q: How long does it take for an SBA loan to close?
Q: What SBA and USDA products does the Bank offer?
Q: Can you provide financing for customers looking to start a new business?
Q: Do you provide financing to franchisees?
We Love Helping Small Businesses
Our Government Guaranteed Lending division has helped business owners across the United States secure funding to start, grow, or expand their small business.