The Food Supply Chain Guaranteed Loan Program may offer the best terms for borrowers, but it isn’t the only loan program available for food supply companies. Schedule a consultation with our team to determine which government loan program may be right for your business.
Disruptions to the food supply chain have made it difficult for companies to stay afloat—and nearly impossible to grow without outside funding. However, conventional lenders are often unwilling to offer loans to struggling businesses with limited capital and collateral. Even if your business is positioned for growth, traditional loan options may not provide the flexibility you need.
At Madison One CUSO, we help food supply businesses explore alternative options to fund their growth. Our business members can use SBA and USDA loans for nearly any project, from financing day-to-day expenses to acquiring a business. Additionally, our loans provide:
Better Cash Flow
Many USDA and SBA loans offer longer terms than conventional loans, allowing you to steadily pay off your balance over time. With smaller monthly payments, you can invest more money into your business and maintain a positive cash flow.
Small and rural businesses often struggle to find conventional lenders willing to take a risk on their projects. SBA and USDA loans offer an alternative option to borrowers who have exhausted other options without requiring them to settle for unreasonable terms.
Minimal Collateral and Equity Injection
If you’ve been working hard to maintain your operations, you may not have a substantial down payment saved up. Luckily, you may be able to obtain an SBA or USDA loan with as little as 10% down and minimal or nonexistent collateral.