Intermediary Relending Program

Objective

Establish revolving loan funds for the purpose of providing loans to ultimate recipients to promote community development, establish new businesses, establish and support microlending programs, and increase access to capital for start-ups and other small rural businesses and cooperatives in rural areas. Program performance is measured by the number of jobs created/saved and businesses assisted. The Agency tries to maintain a low default rate.

Who Can Apply

• For-Profit Organization
• Small Business Person

Eligible intermediaries may include: Private nonprofit organizations, State or local governments, and Federally recognized Indian tribes and cooperatives.

Who Benefits

• Individual/Family
• Profit organization
• Private nonprofit institution/organization
• Public nonprofit institution/organization

Ultimate recipients may include: For profit organizations, individuals, public and private nonprofit organizations.

Assistance Types

• Direct Loan

Program Contact

Lori.Pittman@usda.gov
202-720-1400