Veritex Bank Government Lending
USDA Rural development loan
USDA OneRD Program
The country's most trusted USDA lender is now backed by a $12 billion bank.
For five consecutive years, North Avenue Capital set the standard for USDA Business & Industry (USDA B&I) lenders across the country, consistently ranked among the top three USDA B&I lenders year after year. Now, with the full strength of Veritex Community Bank, you'll experience the same unmatched experience and commitment to rural businesses-- with even more resources, flexibility, and lending power.
USDA OneRD Loan Programs
Veritex Community Bank takes part in three distinct programs through the USDA Rural Development Program (USDA OneRD). These include the USDA Business & Industry Loan (USDA B&I), The USDA Community Facilities Loan (USDA CF), and the USDA Rural Energy for America Program (USDA REAP). Here is how they compare:
USDA Business & Industry
Loan Program
Qualifying Businesses
For-profit, cash-flowing small to midsized rural businesses
_____________________________
Max Community Population
50,000
_____________________________
Geographic Location
Rural America
_____________________________
Max Loan Amount
$25 Million per Borrower
USDA Community Facilities
Loan Program
Qualifying Businesses
Colleges, Schools, Hospitals, Parks, Daycare, Assisted Living, Nonprofits, etc.
_____________________________
Max Community Population
50,000
_____________________________
Geographic Location
Rural America
_____________________________
Max Loan Amount
$100 Million per Borrower
USDA Rural Energy for America
Loan Program
Qualifying Businesses
Solar, Wind, Energy Developers, Anaerobic Digesters, Nonprofits, etc.
_____________________________
Max Community Population
50,000
_____________________________
Geographic Location
Rural America
_____________________________
Max Loan Amount
$25 Million per Borrower
Looking for usda cf or usda reap grant programs?
Read our snapshots to compare USDA CF Loans vs Grants and USDA REAP vs Grants (coming soon).
See if you Qualify with our
USDA ELIGIBILITY MAP
Veritex Community Bank has developed a customized USDA Rural Development Program Eligibility Map to help you easily determine if your location qualifies as rural based on the most recent 2020 Census data. Through Veritex Bank Government Lending, we make it simple and accessible for you to verify your business address and explore your potential eligibility — putting control directly in your hands.
Enter Your Project Address
Simply input your business address into the provided field. If you have multiple locations, it is useful to run each through the USDA Eligibility Map above and denote for our Loan Specialists.
Instant Eligibility Check
By pressing enter after inserting your business address, the map will swiftly determine if your location qualifies for USDA business programs.
Apply for a Loan
Feel free to fill out the form to discuss with our USDA Loan Specialists today.
Contact the Team
We’re here to make the process easy. Whether you have a deal ready to submit or simply want to connect with our team, you’re in the right place. Fill out the form below or email us directly — whichever works best for you.
Frequently asked questions
The USDA defines ‘rural’ by the 2020 Census, meaning a lot of areas that are in question, actually could be considered ‘rural.’ Did you know that 97% of America’s landmass is considered ‘rural’ by this definition? Check out our Map online!