Business and Industry Guaranteed Loan Policy
The purpose of this Business and Industry (B&I) Guaranteed Loan Policy Template is to address B&I Guaranteed Loan products, underwriting, and related lending operations of a financial institution. In general, B&I Guaranteed Loan products are offered by the U.S. Department of Agriculture (USDA) to help a financial institution and its borrowers improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rural communities.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Program Overview – Topic 3
- Application and Loan Processing – Topic 4
- Post Closing Responsibilities – Topic 5
- Audit Policy – Topic 6
- Staff Training – Topic 7
- Retention of Documentation – Topic 8
This Business and Industry Guaranteed Loan Policy Template (approximately 13 pages) is available to purchase from BankPolicies.com in Microsoft® Word format for $100.00.
NOTE: The complete contents of this product are also included in the Commercial Loan Policy Template.
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When updates are made you will receive detailed information regarding why the product was updated and what has changed within the product in our Product Update Notification e-mail correspondence. This enables you to make an informed decision on whether to make any changes to the policy or procedure you implemented for your financial institution from the revised template.
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