C-Suite Wednesday — Senate Restores USDA B&I Lending Authority

C-Suite Wednesday — Senate Restores USDA B&I Lending Authority

From Coleman Report Interview

On June 30, I reported the House appropriated funding for rural Main Street that had been cut in the FY18 Budget. Last week, the Senate followed the House lead to restore funding to the USDA B&I Loan Program.

I interviewed Bill Broydrick about the USDA Business & Industry lending program.

Coleman Report: Tell me the backstory of the B&I lending budget.

Bill Broydrick: President Trump wanted to eliminate the entire Business & Industry Loan Program. A group of lenders got together and formed an ad hoc Coalition that has retained our firm, Broydrick & Associates, LLC, to try to put the genie back in the bottle if you will which we’ve been very successful at doing.

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