If your food supply chain business has a project idea that would create jobs and promote growth, there’s a good chance you are eligible for program funding through Madison One CUSO. Schedule a consultation to confirm your eligibility and begin the application process.
USDA Rural Development administers program funds for various purposes as long as they expand food supply chain activities, address bottlenecks, and increase capacity. That means you could use financing for the following:
- Business improvement, expansion, or development
- Debt refinancing (at up to 50% of your project cost)
- Land or building purchases
- Building construction or renovation
- Equipment purchases and installation, including IT systems
- Working capital
Because of its wide range of applications and extended loan terms, the USDA Food Supply Chain Guaranteed Loan Program is one of the best funding options for food production, transportation, and distribution businesses.
If your business type or planned project isn’t eligible for the Food Supply Chain Program, the USDA and SBA offer several other loan options for small and rural businesses. Explore the types of loans Madison One CUSO provides to learn which government-guaranteed program may be right for your needs.
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