Rural Business Lending National Stakeholder Forum 2016-Business and Industry Guaranteed Loan Program

Resumen

The Rural Business-Cooperative Service (RBS), an Agency within USDA Rural Development, is holding a forum to introduce the updated Business and Industry (B&I) Guaranteed Loanmaking and Servicing Regulations, as published in the Federal Register Friday, June 3, 2016. Major changes to the program include strengthened criteria for non- regulated lender participation, provisions for New Markets Tax Credit and Cooperative Stock Purchase Program, and modified loan scoring criteria. Speakers from the Agency will discuss the new rule to educate lenders and borrowers on changes to program eligibility and servicing. The National Stakeholder Forum can be attended via webinar or in person.