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USDA PROGRAM OVERVIEW

Rural Energy for America (REAP) Guaranteed Loans

Explore available amounts, eligible uses, repayment terms and how to begin the application process.

LOAN AMOUNT

Project-based; guaranteed loans may cover up to 75% of eligible project costs

REPAYMENT TERMS

Up to 40 years, subject to project and asset life

WHO MAY QUALIFY

Eligible rural small businesses and agricultural producers pursuing qualifying energy projects.

ELIGIBLE USES

What financing may support

Permitted uses depend on the specific USDA program, lender review, and the proposed project.

01Eligible renewable energy installations
02Energy efficiency equipment and upgrades
03Qualifying on-site energy improvements

HOW TO APPLY

Contact a USDA Rural Development energy coordinator and work with an eligible lender. REAP grants are not currently accepting applications; guaranteed loans may be submitted.

Prepare business or farm financial statements, the proposed use of funds, available collateral details, and a business plan. Exact documentation and eligibility requirements differ by program.

Review official USDA requirements ↗

NEXT STEPS

Discuss your financing objectives with Owens Capital.

Owens Capital can discuss financing options; direct USDA FSA loans must be submitted through FSA, and guaranteed loans require a participating lender.