Expedited, Low Cost Loans for Short Line & Regional Railroads
RRIF Express aims to reduce the time and costs associated with securing loans to modernize aging freight rail infrastructure.
RRIF Express benefits:
- Credit Risk Premium waived (up to 5% of your total loan amount)
- Advisory fee assistance (up to $100,000 per borrower)
- Low, low rates (as of December 12, 2019, the interest rate is 2.25%)
- Expedited loan processing
If you operate a Class II or Class III railroad and are interested in financing a rail modernization project, learn more about RRIF Express Eligibility and How to Apply today.
The application window is open and stays open through April 11, 2020.
View a sample term sheet that describes certain principal terms and conditions of a proposed RRIF Loan agreement. Note: this sample term sheet is for informational purposes only.
Got questions? We're happy to answer them at (202) 366-2300 or RRIFexpress@dot.gov