USDA REAP Guaranteed Loan | DirectLenderMatch

What is it?

DirectLenderMatch classifies USDA REAP Guaranteed Loan under the financing form “Government-guaranteed energy loan.” Its typical use in this directory is: Renewable energy/energy efficiency.

How does it work?

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

What can it be used for?

Renewable energy/energy efficiency.

What backs or supports it?

Rural small business/ag producer + energy 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

Direct USDA renewable-energy lender

Capital Bank / West Town Bank & Trust

Capital Bank's current lending page identifies it as a renewable-energy lender and explicitly offers USDA REAP guaranteed loans.

Official evidence page →

Last verified: 2026-08-23

Direct USDA Multi-State lender

Stearns Bank N.A.

Stearns Bank currently lists the Rural Energy for America Guaranteed Loan Program among its USDA lending programs.

Official evidence page →

Last verified: 2026-08-23