Is your business located in a rural area? Are you having trouble getting the funding you need?
If so, then a USDA loan could be the perfect solution for you.
Get in touch with us today to see if a USDA is right for your business!
Your Stop for USDA Loans
We’ll connect you with the perfect USDA loan to fund your business.
Secure Funding for Your Business
Specifically for Rural Businesses
With fewer people, suppliers, and other precious resources available to them in close proximity. The rural businesses can often have a harder time operating. Especially when compared to businesses in more populated areas.
Fortunately, USDA loans are specifically for businesses located in rural areas. In order to counteract such issues and to help them grow to their maximum potential.
Wide Array of Eligible Uses
USDA LOANS
USDA loans are incredibly versatile and can be used for a wide array of business-related uses. While they are generally used for acquiring refinance commercial real estate.
They can also be used to convert businesses, enlarge, repair, modernize or develop. Also, to purchase equipment, machinery, or inventory. And to refinance existing business indebtedness not already structured with reasonable terms and conditions.
How to Get a USDA Loan
01
Assess Your Needs
Do your homework
Before applying for a USDA loan, it's important to do your homework to make sure that a USDA loan is truly your best option. Depending on your situation and needs, you may find that another loan product is actually more suitable for your funding your business.
For example, if you are on a more populous area, you may have better luck and see better results from an SBA loan instead.
But don't worry if you're not exactly sure what's best for you; we're happy to assess your situation and point you in the right direction.
02
Check Your Eligibility
In order to qualify for a USDA loan, there are some requirements you have to meet. For starters, your business has to be located in a rural area, which the USDA defines as any area other than a city with a population over 50,000, or the urbanized area of that city.
Sufficient cash flow
You also have to prove sufficient cash flow. Need to have a credit score of at least 680. Moreover, you also need to have U.S. citizenship or permanent residency status. And meet several other requirements. If at any point you're not sure about anything, just contact us!
03
Apply
If the USDA loan turns out to be the best option for you, and you meet all necessary requirements. Then all that's left to do is to apply. You'll be connected with one of our reps who will guide you through the entire process. And also work to get your funding released as quickly as possible.
We're the Premier Provider of USDA Loans
The location of your business shouldn't detract from the hard work you put into it. Nobody understands and appreciates that better than Hasanov Capital. You can rely on our team's over-a-decade of experience in business operations and commercial real estate investment underwriting to connect your rural business with the funding it needs and deserves.
