About The RD RLF Program
Use of Proceeds:
• Land and building acquisition
•Machinery and equipment
•Renovation of existing structure
Up to $250,000 total Rural Development exposure per borrower. Rural Development funds may not exceed 75% of the total project cost
Type of Business
Eligible businesses include most operating-for-profit businesses except for hotels, motels, tourist homes, convention centers, or any other tourist or recreation center. Ineligible businesses include: charitable and educational institutions, fraternal organizations, churches, and organizations affiliated or sponsored by churches; businesses producing agricultural products and media type businesses such as television and newspaper.