North Avenue Capital (NAC) is a nationwide specialized USDA commercial lender, lending under the USDA Rural Development Program umbrella. Through USDA Rural Development, NAC offers the USDA Business & Industry Loan Program, a lending program designed for rural businesses, which include marinas and water related businesses.

NAC exclusively lends USDA business loans, making its team members USDA commercial loan experts and, therefore, front-runners in the space. We are entrepreneurs well-versed in the intricacies of launching, growing, and operating a business, and we relish opportunities to serve our fellow entrepreneurs. The USDA loan programs are designed to bring economic development to rural markets, and 97% of America is considered rural, including much of our coastline and lake common areas where the marina industry thrives. Check out NAC’s interactive eligibility map to see if your next, or existing, business venture qualifies.

Those looking to acquire a marina in qualifying rural locations can use loan proceeds for a variety of purposes, such as purchasing the land or property, building or renovating facilities, and purchasing equipment or inventory. This can be particularly advantageous for marinas that need to make capital improvements to remain competitive in the industry. USDA loans typically offer lower interest rates and have longer repayment terms compared to conventional loans, which can lower monthly payments and improve cash flow, ultimately saving marinas thousands of dollars over the life of the loan.

NAC is uniquely suited to delve deeply into your business, understand your key objectives, and assist in preparing a USDA financing package that equips you to execute your strategy for growth and expansion. Reach out today for more information, and we hope to see you on the water soon!

Point of Contact:

Zach Anderson:   904-654-6340

Borrower Stories
Borrowers from coast to coast choose NAC and, in many cases, trust us with their livelihoods. Find out why and learn more about the various projects we’ve financed.


Loan Program Deep Dive
The USDA Business & Industry Loan Program is unlike any other. NAC’s team of specialists created a detailed program guide entitled “Funding the Flourishing of Rural America.”


NAC Broker Program
Dubbed the Best Broker Program of the Year in 2021 by the National Association of Commercial Loan Brokers (NACLB), brokers can join, refer, and earn incremental income while gaining access to NAC’s exclusive catalog of broker resources. 


USDA B&I Loan Program
NAC provides USDA B&I Loans, which specifically benefit rural businesses and communities. Discover the loan program for your marina.