Bill · H.R. 7475· House(119-HR-7475)
Expedited Guaranteed Lender Pilot Program Act
- Introduced
- 2/10/2026
- Last activity
- 3/20/2026 — Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
- Sponsored by
- Austin Scott
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill proposes the establishment of an expedited guaranteed lender pilot program at the USDA. The program aims to create a faster qualification and approval process for borrowers seeking bridge loans. These loans would be guaranteed by the Secretary and serviced by Preferred Certified Lenders. The program focuses on providing loans to creditworthy borrowers as determined by those lenders. The Secretary is required to submit annual reports to the House and Senate Committees on Agriculture regarding the program's results. This authority is set to terminate on September 30, 2031.
Yes· 3 of 8
Would business owners be better off under this?+5
The bill streamlines the loan approval process for creditworthy borrowers seeking bridge loans.
Does this make it easier to run a small business?+5
The bill creates an expedited qualification and approval process for bridge loans through the USDA.
Would farmers be better off under this?+4
The bill facilitates faster access to bridge loans through the USDA, which primarily serves the agricultural sector.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Faster Loan Processing: The bill seeks to establish an expedited qualification and approval process for borrowers seeking bridge loans, which could provide quicker access to funds (Section 2(a)).
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Streamlined Assessments: The Secretary is directed to consider streamlining the process for making necessary determinations and certifications, potentially reducing bureaucratic delays (Section 2(b)).
Potential Negative Impacts for People
- No Information Provided: The provided text does not contain specific details regarding potential negative consequences or burdens for individuals or groups of people.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+5Good For Farmers+4Good For Rural Residents+3
- Economy And Finance
- Improves Small Business Support+5Increases Job Creation+2
- Environment Energy And Infrastructure
- Improves Rural Development+4
- Governance And Ideology
- Improves Government Transparency+2
- Social Issues And Justice
- Improves Affordable Housing+2
- 3/20/2026
- Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
- 2/10/2026
- Referred to the House Committee on Agriculture.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.