Regent Bank provides USDA Rural Development financing to businesses in communities with a population less than 25,000 in the State of Oklahoma through the Business and Industry Guaranteed Loan Program. Following is a summary of this program:
The purpose of the B&I Guaranteed Loan Program is to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rural communities. This purpose is achieved by bolstering the existing private credit structure through the guarantee of quality loans which will provide lasting community benefits. It is not intended that the guarantee authority will be used for marginal or substandard loans or for relief of lenders having such loans.