The company is one of the top USDA lenders and the only lender in the country that makes a loan under every USDA loan program
X-Caliber rural capitala subsidiary of X Caliber Capital and a US Department of Agriculture (USDA) Licensed Lender for Rural Business and Economic Development Projects, announced today after an official year in business, has achieved status as one of the nation’s leading lenders in terms of loan size approved.
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The Company reported more than $200 million in USDA-approved loans for the fiscal year ended September 30, 2022. The firm’s transactions have spanned all of the USDA’s loan programs, ranging from financing a fire engine for a rural South Carolina fire district to a multi-tenant senior hospital in Connecticut to a hotel in North Carolina.
Jordan Blanchard, Executive Manager, Co-Founder of X-Caliber Rural Capital, commented on the company’s rapid success in developing a thriving platform.
“Going from a pure start-up with no lending activity to becoming one of the nation’s top USDA lenders has been extremely gratifying and would not have been possible without the tireless dedication of our employees,” said Blanchard. “While our volume was impressive, we are even more proud to have been the only USDA lender in the country to fund at least one of every USDA OneRD loan program. This shows our broad expertise and our ability to…
