The Food Supply Chain Guaranteed Loan Program is a part of USDA’s Build Back Better initiative to strengthen critical supply chains and our food system. This program guarantees loans of up to $40 million for qualified lenders to finance food systems projects, specifically for the start-up or expansion of activities in the middle of the food supply chain. The program will support new investments in infrastructure for food aggregation, processing, manufacturing, storage, transportation, wholesaling, and distribution to increase capacity and create a more resilient, diverse, and secure U.S. food supply chain. This program is fully funded by the American Rescue Plan Act.
Lenders, including banks, credit unions, CDFIs, loan funds, and others, must be approved under the OneRD Guarantee Loan Initiative. To learn more, lenders are encouraged to visit https://www.rd.usda.gov/onerdguarantee for information on how to apply.
To file an application for programs under this initiative, lenders are encouraged to complete the following steps:
Additional instructions, forms, and sample documents related to the Food Supply Chain Guaranteed Loan Program are available below:
Forms
Guides
Other Resources
This PDF version of the Notice of Funding Opportunity (NOFO) includes a hyperlinked table of contents for ease of use. Additionally, sections and sub-sections have been highlighted throughout this version of the NOFO.
Eligible borrowers must be directly engaged in the middle of the food supply chain, specifically the aggregation, processing, manufacturing, storing, transporting, wholesaling, or distribution of food. Examples of the types of entities that may qualify for the program include a meat processor or a food hub. As a borrower, your lender will work with you to verify your project qualifies.
Borrowers should talk to their preferred lender to determine if the lender is approved through the OneRD Guarantee Loan Initiative. If not, you may want to encourage them to participate. Otherwise, contact your state office for assistance with identifying a participating lender.
Other Resources
As you start or grow your operation, we encourage you to learn more about the programs and services available through USDA.
Guides
USDA is committed to strengthening the U.S. food supply chain through the investment of $4 billion in the nation’s food supply production, processing, distribution, and markets. It’s time to build back better.
El USDA está comprometido con la accesibilidad al a información de los programas que administra. Utilice este botón para ver la página del Programa de Préstamos con Garantía para la Cadena de Suministro de Alimentos en español.
Do you require clarification, have a question, or just need to talk with someone who administers the program? Let us know and we’ll be happy to assist.
To participate in the Food Supply Chain Guaranteed Loan Program, lenders must first become approved lenders through the OneRD Guarantee Loan Initiative.
Upcoming USDA and partner-hosted events related to the Food Supply Chain Guaranteed Loan Program will be added below. You’re encouraged to attend to learn more about the Food Supply Chain Guaranteed Loan Program and related programs.
Check back soon for future events.
Past USDA and partner-hosted events will be archived below for your review. If a recording or transcript of the event is available, there will be a link to access it under the event heading.
Food Supply Chain Guaranteed Loan Program Lender Webinar
This webinar featured Food Supply Chain Guaranteed Loan Program content catered towards commercial lenders and financial service providers.
Dec. 20, 2021
1:00pm – 2:30pm EST
Webinar Recording: Learn More
Food Supply Chain Finance Forum
This webinar, in partnership with Georgetown University’s Rural Opportunity Initiative, highlighted the Food Supply Chain Guaranteed Loan Program.
Dec. 14, 2021
2:00pm - 3:30pm EST
Webinar Recording: Learn More
USDA Presents: Access to Capital in Rural America for Non-Regulated Lenders Webinar
This webinar featured prominent speakers from across Rural Development discussing the OneRD Guarantee Loan Initiative and answering questions about the new process and application.
Oct. 28, 2021
10:30am - 12:00pm EST
Webinar Recording: Learn More
This program is administered at the National Office level. If you have questions, please refer to the Food Supply Chain Guaranteed Loan Fact Sheet and the Frequently Asked Questions page. If you cannot find the answer to your questions with these resources, please contact Jeff Hudson at rdfoodsupplychainloans@usda.gov.
Mail should be addressed to Rural Business - Cooperative Service, United States Department of Agriculture, 1400 Independence Avenue, S.W., Mail Stop 3201, Room 5801 – South, Washington, D.C. 20250-3201