Debunking Common Myths about USDA Commercial Loans

The United States Department of Agriculture (USDA) introduced its business loan program primarily to boost economic activity and improve business climate among rural areas in the country. By providing loan guarantees, rural entrepreneurs can access funding to grow their ventures and contribute to their local economy. If you are a business owner from the countryside who is looking for financing to level up your venture, you may have heard of USDA commercial loans and the many misconceptions surrounding them. To help you with the facts, here are some of these myths and the truth behind each one: Myth 1: USDA

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