Business Financing
Low-interest Revolving Loan Fund Programs U.S. Small Business Administration Programs (SBA) StartUp Kansas Loan Program Kansas Department of Commerce Programs (KDOC) U.S. Department of Agriculture Programs (USDA) Economic Development Administration (EDA)
U.S. Small Business Administration
SBA Rural Lender Advantage 7(a) Guaranteed Loan Program
Loan amount available: Guaranteed bank loan up to $350,000 Interest rate: Maximum limitation of Prime + 2.75% Term: 7 years for working capital, inventory, and equipment 25 years for real estate Primary requirements: Bank participation-this is a bank loan guaranty program Special requirements: Bonded contractor for construction projects over $10,000 Third party appraisal for purchase of existing business Special features: 75-85% guaranty
Loan amount available: Guaranteed bank loan up to $350,000
Interest rate: Maximum limitation of Prime + 2.75%
Term: 7 years for working capital, inventory, and equipment 25 years for real estate
Primary requirements: Bank participation-this is a bank loan guaranty program
Special requirements:
Special features: 75-85% guaranty
See FORDI Loan Packaging for assistance.
