Funding guide

USDA - Rural Business-Cooperative Service Business and Industry (B&I) Guaranteed Loan Program


Broadband Funding Guide

Department of Agriculture


Federal Agency

Rural Business-Cooperative Service

Agency Overview

USDA Rural Development is committed to helping improve the economy and quality of life in rural America. The agency offers loans, grants and loan guarantees to help create jobs and support economic development and essential services such as housing, health care, first responder services and equipment, and water, electric and communications infrastructure.

Program Name

Business and Industry (B&I) Guaranteed Loan Program

Program Overview

The Business and Industry program bolsters the availability of private credit by guaranteeing loans for rural businesses. This program improves the economic health of rural communities by increasing access to business capital through loan guarantees that enable commercial lenders to provide affordable financing for businesses in eligible rural areas.

Program Purpose
  • Broadband Financing
Eligible Recipients
  • Higher Education Institutions
  • State and Local Governments
  • Commercial/Internet Service Providers
  • Electric Utilities/Co-ops
  • Financial Institutions

Agency Contact

Various by state. See agency website.

Funding Type

Loan Guarantee

FY2018 Funding Amount

$919,000,000