USDA Loans

Shoreham Bank offers United States Department of Agriculture Business and Industry Loans (USDA B&I Loans) across the country to help small businesses grow and create jobs in Rural America. 
 

USDA OneRD B&I Loans

Shoreham Bank offers the SBA 7(a) Small Lending Program with Loans up to $6,000,000 with Terms of 30 Years. This loan is government guaranteed and we are a nationwide lender for the USDA. Learn more about USDA government guaranteed loans at rd.usda.gov
 

Loans Up To

$6,000,000

Terms Up To

30 Years

Lending

Nationwide

 












Use of Funds:

Purchase of Commercial Real Estate, Renovations, Refinancing of Business Debt, Business Expansion, Working Capital, Partner Buyout, Inventory/Equipment Purchases, Change of Ownership, and More!

Eligibility: 

    • Property Must be Located in an Eligible Rural Area.
    • Must be a U.S. Based Business Located in the U.S.
    • Minimum FICO Score of 620
    • Minimum DSCR of 1.25 (Historical or Projections)
    • Current on All Government Related Loans.
    • Must be Organized for Profit.
Learn more about USDA government guaranteed loans and eligibility at rd.usda.gov
 

Apply Online Today 

 

Apply Now

 

Or Contact our Commercial Lending Team

 
 
 
 
 
 
 
 
All loans subject to credit approval.