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USDA seeks intermediary lending partners to establish revolving loan funds in rural Nevada CARSON CITY – The U.S. Department of Agriculture (USDA) Deputy Under Secretary for Rural Development Bette Brand last week announced that USDA is seeking applications for funding to establish revolving loan programs to support rural businesses and community development projects. Subject to the availability of funds, the loans will be established through USDA’s Intermediary Relending Program. Eligible recipients include nonprofits and cooperatives, federally recognized tribes and public agencies. The revolving loan funds may be loaned to ultimate recipient borrowers to acquire, construct or enlarge a business; purchase or develop land; purchase equipment, machinery or supplies; or for start-up costs and working capital. USDA Rural Development Nevada Business Programs Director Chandler Allen invites more applicants to participate as a relending partner. ....