ICBA-advocated USDA Express Loan Act introduced in House
February 12, 2026 / By ICBA
Reps. Brad Finstad (R-Minn.) and Adam Gray (D-Calif.) introduced ICBA-advocated legislation to speed up approval times for USDA loans.
Details: The USDA Express Loan Act (H.R. 7426) would expedite approval times for guaranteed farm loans under $1 million and expand USDA’s EZGuarantee Loan Program.
How It Would Work: The legislation would advance an ICBA proposal to establish an express loan program that requires the USDA to approve guaranteed loans within five business days when submitted by preferred and certified lenders, mimicking the Small Business Administration’s express loan program.
Subscribe now
Sign up for the Independent Banker newsletter to receive twice-monthly emails about new issues and must-read content you might have missed.
Sponsored Content
Featured Webinars
Join ICBA Community
Interested in discussing this and other topics? Network with and learn from your peers with the app designed for community bankers.
Subscribe Today
Sign up for Independent Banker eNews to receive twice-monthly emails that alert you when a new issue drops and highlight must-read content you might have missed.
News Watch Today
Join the Conversation with ICBA Community
ICBA Community is an online platform led by community bankers to foster connections, collaborations, and discussions on industry news, best practices, and regulations, while promoting networking, mentorship, and member feedback to guide future initiatives.
Join the Community Example Text
