Business and Industry Guaranteed Loan Policy
The purpose of this Business and Industry Guaranteed Loan Policy Template is to address loan products, underwriting, and related lending operations of a bank, credit union, or other type of financial institution. In general, Business and Industry (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.
NOTE: The complete contents of this product are also included in the Commercial Loan Policy Template.
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