USDA B&I loans help strengthen our local economy by giving you the tools to thrive.
Lower Down Payments
Local Decision-Making and Processing
You are working hard to make Green Country a better place, so we work hard to do whatever we can to help support you. As a USDA Business & Industry (B&I) Loan provider, First Pryority Bank is proud to help qualified businesses work toward their goals of improving, developing, and providing a source of employment for local surroundings.
- The USDA Business & Industry (B&I) Loan is aimed to improve development in rural areas by improving, developing, or financing business, industry, and employment. This is achieved by extending additional credit through guaranteed loans, which allows lenders more flexibility when offering terms and amounts to rural borrowers.
The USDA Business & Industry (B&I) Loan helps local businesses that may not qualify for a traditional loan obtain financing. From business and industrial acquisitions to conversions, and many things in between, this government-backed loan offers your business accommodating financing options.
Longer terms and generally lower down payments are available for a wide range of businesses on the USDA Business & Industry (B&I) Loan.
Experienced lending professionals with working knowledge of the local industry and economy. Most traditional banks and lenders do not offer the USDA Business & Industry (B&I) Loan program because of its unique process and standards. Unless they specialize in originating these loans, offering them can be more trouble than it is worth for some banks. First Pryority Bank is one of the few that is committed to understanding and actively participating in this program for eligible businesses.
Local decision-making and processing are done in Northeast Oklahoma. Working with lending experts that live here and do business here with you is one of the many benefits of using a local community bank for your USDA B&I Loan. Processing and decision-making on USDA Business & Industry (B&I) Loans stay in Green country with branches located in Pryor and Tulsa!
Personalized service is tailored to you throughout the entire process. Our number one priority has always been to serve all your banking needs, big and small. As a home-grown community bank, we are proud to offer this loan option to help businesses like yours improve our state. Contact us today to request more information on the USDA Business & Industry (B&I) Loan or meet with one of our experienced loan officers to find a loan right for you.