Expedited Guaranteed Lender Pilot Program Act

H.R. 7475 would create an expedited guaranteed lender pilot program within the U.S. Department of Agriculture. The bill aims to streamline and speed up the loan approval process by delegating certain approval authority to qualified private lenders, similar to existing expedited lending programs at other federal agencies. This approach would leverage the expertise and resources of private-sector lenders to help process loans more quickly while maintaining federal oversight and standards.

The pilot program would test whether giving approved lenders more authority to approve and process loans can reduce processing times and improve efficiency in USDA's guaranteed lending operations. By allowing qualified lenders to handle more of the approval process directly, the program seeks to balance the growing demand for loans with the limited resources available within the federal government. The bill was referred to the House Committee on Agriculture in February 2026 and has not yet advanced further in the legislative process.