Additional Business Financing

$50,000 maximum/$5,000 minimum (subject to availability of funds).

$150,000 maximum/$20,000 minimum (subject to availability of funds)

• Up to 80% of project cost (subject to availability of funds)

• Minimum loan amount of $5,000

• Up to 80% of project cost (subject to availability of funds)

• Minimum loan amount of $5,000

This program provides gap financing statewide to new and existing for-profit and non-profit businesses employing 500 or less.

Up to $100,000 available for most projects.

10-25% of project cost based on match.

• 10% up to $1 million cap 

• 15% up to $250,000 cap

• 25% up to $250,000 cap 

The Kansas Department of Commerce provides a wide array of services for projects that help low- to moderate-income neighborhoods thrive. Projects range from sidewalks to community centers, youth job training programs, and much more. Visit kansascommerce.gov/business/incentives for more information  

Loan amount available:

Guaranteed bank loan up to $5,000,000

Interest rate:

Maximum limitation of Prime + 3%

Term:

7 years for working capital, inventory, and equipment 25 years for real estate

Primary eligibility 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 up to $3,750,000 maximum guaranty

The Resource Guide offers vital information on programs and services from RD and other agencies to assist rural businesses.

Find additional information here.

The EDA provides competitive grant funding to support long-term economic growth, job creation, and community resilience. Funding opportunities help communities invest in infrastructure, workforce development, innovation, entrepreneurship, and regional economic development strategies that strengthen local economies.

For more information, visit eda.gov/