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Specialized · Intermediary relending loan

USDA Intermediary Relending Program — Ultimate Recipient Loan

USDA Intermediary Relending Program — Ultimate Recipient Loan is categorized in this directory under the financing form “Intermediary relending loan.” Typical use: Rural business/community development through intermediary. Support or collateral is generally based on Rural business/project.

What is it?

DirectLenderMatch classifies USDA Intermediary Relending Program — Ultimate Recipient Loan under the financing form “Intermediary relending loan.” Its typical use in this directory is: Rural business/community development through intermediary.

How does it work?

The structure is generally evaluated, supported, or secured using the following basis: Rural business/project. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.

What can it be used for?

Rural business/community development through intermediary.

What backs or supports it?

Rural business/project.

Why does this structure exist?

This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.

Important considerations

Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.

Is this actually a loan?

Loan or credit structure

Workbook classification: Yes. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.

Verified lenders or providers

USDA IRP intermediary / direct ultimate-recipient lender

Black Hawk Economic Development, Inc.

Black Hawk Economic Development currently lists the USDA Intermediary Relending Program among its financial assistance programs and makes loans through its service territory.

Official evidence page →

Last verified: 2026-08-23

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