skip to main content
Coastal States Bank
Online Banking Login
Account Type
Desktop Username
Desktop Password
USDA Business And Industry Program

USDA Business And Industry Program

USDA Business And Industry Loan Details

Loan Purpose: Commercial real estate acquisition, refinance & construction

Loan Amount: $1,000,000 - $25,000,000

Equity Requirement: 20% down or maximum 80% Loan to Value

Interest Rate: Competitive Loan Pricing

Terms: 20 to 30 years. No balloons as all loans are fully amortizing over the life of the loan.

Prepayment Penalty: Prepayment penalties will apply.

Collateral: First lien on real estate with LTV up to 80%

Personal guarantees:  For all individuals owning 20% or more. Corporate guarantees of affiliated companies may be required.

Industries: All types of for-profit businesses, some non-profits as well as some investment real estate must meet USDA eligibility requirements based on properties location.

Timing: We can work at your pace of providing the necessary information. Term Sheets in 24/48 Hours. Loan approval in 5-10 days. Loan closings are generally 45-60 days from submission. However, loans are subject to USDA approval and funding allocation.

Find a Location

ZIP code
Coastal States Bank Logo

You are leaving Coastal States Bank website to visit a site not hosted by CSB. Please review the third-party's privacy policy, accessibility policy, and terms. CSB is not responsible for the content provided by third-party sites.