PROUD LENDER TO AMERICA’S BUSINESS BACKBONE
At Veritex Community Bank Government Lending, we bring together the small business owners who make up America’s backbone—those driving growth and employment in both rural and urban communities. Under one roof, we combine our USDA loan programs, supporting businesses on Rural America’s Main Streets, with our SBA loan programs, empowering entrepreneurs shaping city landscapes.
Together, these departments form Veritex Community Bank Government Lending, dedicated to serving the essential businesses that bolster economies across the country—no matter where they call home.
RUNNING A BUSINESS IS RESPONSIBILITY ENOUGH.
Funding its growth shouldn’t require a degree in government-guaranteed
funding. That’s why Veritex Government Lending unites experts in SBA and USDA funding under one roof, serving commercial enterprises of any size and in any location.
EXPERTS IN GOVERNMENT-GUARANTEED LENDING
The loan programs backed by the SBA and USDA exist to foster the growth of American enterprise in overlooked and under-resourced markets. Facilitated through a unique public-private partnership, their application processes vary slightly from traditional commercial lending. Translation: choosing an experienced lender is essential. Veritex Government Lending has nearly $2 billion in government-guaranteed lending experience, and is eager to serve you throughout the application, funding, and servicing processes.
USDA RURAL DEVELOPMENT LOANS
LOAN PARAMETERS
Minimum Loan Amount: $2 Million
Maximum Loan Amount: $25 Million
TERMS & AMORTIZATION
Up to 30 Years
LOCATION OF PROJECT
Nationwide in Rural Areas (Max population of 50,000)
Eligibility Map
ANNUAL RENEWAL FEE
Required
FUNDING TIMELINE
120+ days
USE OF FUNDS
Acquisition, Refurbishment & Updates, Refinance, Working Capital, Equipment Purchase, Real Estate Purchase, Startups, New & Ground-Up Construction
* per entity
SBA 7(A) + SBA 504 LOANS
LOAN PARAMETERS
Minimum Loan Amount: $500,000
Maximum Loan Amount: $5 Million
TERMS & AMORTIZATION
Up to 25 Years
LOCATION OF PROJECT
Nationwide Funding with
No Rural Constraint
ANNUAL RENEWAL FEE
No Annual Renewal Fee
FUNDING TIMELINE
45-90 Days*
USE OF FUNDS
Acquisition, Partnership Buyout, Refinancing Debt, Working Capital, Equipment Purchase, Real Estate Purchase, Business Renovations
* per entity
