Promote Growth in the Timber Industry with the USDA Timber Loan Program
Ready Capital specializes in helping businesses in the timber industry access government-backed financing to achieve their goals. Through the USDA Timber Production Expansion Guaranteed Loan Program (TPEP), we connect eligible borrowers with the funding they need to establish, expand, or enhance sawmills and wood processing facilities. With our expertise and support, businesses can unlock opportunities to thrive in rural economies while supporting ecological restoration initiatives.
What Businesses are Eligible for USDA Timber Loans?
The USDA Timber Loan Program is designed to assist individuals, organizations, and businesses actively engaged in timber-related operations. Whether establishing a new sawmill, retrofitting a wood processing facility, or expanding operations, this program provides a pathway to growth. Borrowers must source materials primarily from high-priority federal or Tribal lands identified for ecological restoration, ensuring their work aligns with sustainability and environmental stewardship goals.
How Can Timber Funds be Used?
USDA timber loans offer flexibility to meet various business needs, from expansion to innovation. Qualified funds can be used to:
- Establish or improve sawmills and wood processing facilities
- Create markets for biomass and small-diameter materials
- Develop projects to mitigate wildfire risks, insect damage, and disease in forests
- Support innovation in wood products, such as biochar and mass timber solutions
These loans provide the resources businesses need to enhance production while contributing to healthier ecosystems.
Secure Timber Production Financing with Ready Capital
In a 15-minute call, our experts can determine if businesses are eligible for government-guaranteed funding and select the loan type that best meets their funding needs.
Why Choose Ready Capital as a Trusted Government-Guaranteed Lender?
Ready Capital stands out as a top choice for businesses seeking financing through the USDA Timber Loan Program. Here’s why:
- Industry Expertise: Decades of experience helping timber businesses secure funding tailored to their needs.
- Government-Guaranteed Lender: Trusted partner in navigating USDA loan programs for rural businesses.
- Comprehensive Support: Assistance with eligibility assessments, application processes, and understanding program requirements.
- Customized Financing Options: Solutions designed to support projects that promote ecological restoration and economic growth.
Secure a Customized Timber Loan Today
Don’t let funding challenges stand in the way of getting a timber production loan. Ready Capital is ready to help explore financing options, navigate the USDA Timber Loan Program, and secure funding that aligns with business goals.
