Rural Energy for America Program Renewable Energy Systems & Energy Efficiency Improvement Loans & Grants | United States Department of Agriculture and Rural Development
Rural Energy for America Program Renewable Energy Systems & Energy Efficiency Improvement Loans & Grants
419 W. Grimes Street, Suite 4, Monticello, AR 71655
Eligibility
Agricultural producers with at least 50% of gross income coming from agricultural operations, andSmall businesses in eligible rural areas.
(501) 301-3200
Voice
(855) 747-7793
Voice
Languages
English
Application process
Contact your local office for more information.
Fees
Loan:-$5,000 minimum loan amount-$25 million maximum loan amount-Up to 85% loan guarantee-Rates and terms negotiated with the lender and subject to USDA approval-Maximum term of 30 years for real estate-Maximum term of 15 years for machinery and equipment-Maximum term of 7 years for capital loans-Maximum term of 30 years for combined real estate and equipment loans
Service area
AR
Provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements.
Last assured
04/28/2021
What's Here
Providing organization
United States Department of Agriculture and Rural Development
Agency offers loans, grants and loan guarantees to help create jobs and support economic development and essential services such as housing, health care, first responder services and equipment, and water, electric and communications infrastructure.