The Financing You Need for the Growth You Have in Mind
Your Dedicated Partner in Starting a Hotel or Motel Business
Nationwide USA B&I Financing
Preferred Capital is a nationwide USDA Business & Industry (B&I) lender with an in-depth knowledge of the USDA loan program. USDA loans are a high priority for us and we are committed to USDA lending, which promotes economic opportunities in rural communities.
The USDA Business and Industry (B&I) offers businesses to opportunity to help create and maintain employment and improve the economic and environmental climate in rural communities. USDA loans offer stability, growth, expansion and employment.
$1 million to $20 million or more
Business & Industrial projects, Acquisitions, Refinancing, Construction, Modernization, Expansion, and the purchase of Equipment, Machinery & Supplies
Longer repayment terms - Up to 30 years with no balloons - Loans are fully amortizing
Low, competitive interest rates
Higher loan-to-value than conventional loans
A minimum of 10% tangible balance sheet equity (20% for new businesses)
Any legal entity including individuals, public, and private organizations located in a rural community as defined by the USDA Mapping Program