USDA Loans

Evolve’s program is designed specifically to provide for the borrowing needs of businesses located in rural areas. Our goal is to encourage and provide commercial financing for rural businesses.

The B&I Loan Program is made available through the United States Department of Agriculture (USDA) guaranteed loan program.

Eligible Businesses and Property Types

Assistance under the USDA B&I Guaranteed Loan Program is available to most legally organized entities — including cooperatives, corporations, partnerships, trusts and other profit or nonprofit organizations, Indian tribes, federally recognized tribal groups, municipalities, counties or state political parties.

Use of Proceeds

  • Working capital
  • Machinery and equipment
  • Buildings and Real Estate
  • Investment property
  • Other types of debt refinancing


  • Up to 30 years for real-estate financing
  • Up to 15 years for equipment or business acquisition financing
  • Up to 7 years for permanent working capital
  • All loans are fully amortized.

 Interest Rates and Fees

Interest rates and fees are variable; please contact an Evolve SBA lender to get more information.