- Community Facilities - These loans are provided to public and nonprofit organizations for essential community facilities like hospitals, libraries, child care and community centers, and public facilities like fire stations or town halls.
- Business and Industry - These loans are provided to businesses, cooperatives, and nonprofits to develop and expand businesses in rural areas.
- Intermediary Relending Program (IRP) - These are loans of no more than $250,000 made through small local intermediaries to borrowers who are unable to get credit elsewhere, but need capital to get started or expand their business. These loans average less than $100,000 and support small local businesses.
- Rural Microentrepreneur Assistance Program (RMAP) - These are loans of no more than $50,000 made through local nonprofits. These loans are available to businesses with no more than 10 employees, making them a frequent choice for entrepreneurs looking for capital to start up a new business. In addition, RMAP loans are frequently used by women entrepreneurs.
Text of the legislation is available here.