Business Certificate of Deposit
- Minimum opening deposit: $1,000
- Term: 3 months to 60 months
- Withdrawal Fee: Penalty for early withdrawal
- Earns interest: Fixed interest rate
- Calculated: Daily
- Interest Paid: Monthly
- Renewal: Renewal will be the same as the original term with the interest rate to be determined at the time of renewal
- Additional Information: 10 day grace period after maturity to withdraw funds without penalty
Loans to Businesses located in Rural Areas
Discover the USDA’s Business & Industry Guaranteed Loan Program.
Refinance or purchase commercial real estate. Finance equipment. USDA B&I loans offer longer loan terms than bank loans and larger loan size than SBA loans.