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USDA bridge loans

Awaiting approval for a loan from one of the USDA’s guarantee programs?

Get funded faster with Growth Lending

We offer loans from $2 to $10m to bridge the gap between when you bank has approved you for a USDA loan and when the USDA approves the loan, giving you fast access to the capital your business needs.

We work with your USDA lender to provide provide funds before the USDA has approved the guarnatee. We provide fast and flexible funds so that you can start your project quickly. We can do this in two different ways:

  • Your USDA lender has approved your loan and you are waiting for the USDA to come through with a guarantee – this takes three to six month. We can bridge this gap
  • You do not have a USDA lender yet but need cash to start your project (property purchase, machine equipment). In this case we work with a USDA lender approve a USDA lender, and we bridge the gap until the USDA provides a guarantee.

We lend to all insdustres and most situations eligible for the USDA guarantee.  Our key criteria are:

  • 3-6 months term
  • $2-10m amount
  • Up to 75% of the final USDA loan amount
  • Clear assets and spending plan
  • Coproation in good standing
  • Approved or starting loan process with a USDA lender.

Why choose Growth Lending for a USDA bridge loan?

  • Start your project now
    Secure funds now to get going – buy a property, secure equipment, complete M&A
  • We work with all USDA lenders
    We do not compete with USDA lenders, they will still give you a USDA loan once the USDA has approved it. We work alongside your lender to provide quick, short-term money
  • Experienced lending team creates flexible solutions
    We look at each situation on a case by case basis and work with you to create the best solution for your project.

Frequently asked questions

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1. How does a USDA bridge loan work?

If your business has applied for a loan with a USDA lender, it will take 3-6 months until your loan is funded. The reason is that once your USDA lender has approved the loan the USDA also needs to approve it. You can now use this time to grow your business by taking on a bridge loan.

A USDA bridge loan from Growth Lending does exactly that. It bridges the gap between loan application and payout, helping to strengthen your cash flow.

2. What can I do with a USDA bridge loan?

You can use it to fund part or all of the project you have applied to the USDA lender for. Though you will only recieve up to 75% of the full amount of the loan, you will be able to spend it straight away.

3. How long does a USDA bridge loan take to complete?

  • 2-3 weeks if you are approved by your USDA lender already
  • 3-6 weeks if you are still applying for a USDA loan – we can only approve a bridge loan once the USDA lender has approved your loan so the additional delay is because we take our decision at the same time as the USDA lender.

4. What does a USDA loan cost

Depends on the size, use of funds and financial performance of your company. In broad terms:

  • 1-2% fee
  • 1-1.25% interest per month
  • Legal and / or asset valuation costs.

Apply now

Growth Lending funds a wide range of growing B2B firms.
If that’s you, let’s check if you’re eligible

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Growth Lending funds a wide range of growing B2B firms.
If that’s you, let’s check if you’re eligible





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