Grow Kansas

The NCRPC Business Finance Program has helped customers access financing from a number of specialized programs, including that offered by the Grow Kansas Funds. This program provides gap financing statewide to new and existing for-profit and non-profit businesses employing 500 or less.

Loan amount available: 

10-25% of project cost based on type of project

  • 10% up to $1 million cap – Target Sector  (Ag, Aviation, Food, Logistics, Manufacturing, Tech)
  • 15% up to $250,000 cap – Community Asset/Business
  • 25% up to $250,000 cap – Minority/Women/Economically-Disadvantaged
Interest rate: 
  • 4% fixed for term of 1-5 years
  • 6% fixed for term of 6-10 years

Required; subordinate to bank

Primary eligibility requirements:

Approval of bank loan (private match)

Special features:
  • Timing – applications accepted monthly with loan decision within 30 days.
  • Applications required to be submitted by a resource partner, such as NCRPC.
  • Public disclosure of business receiving assistance is required, i.e. press release, web posting, etc.
  • Annual report from business required for the life of loan including updated employment, sales, and net income.

See Business Finance Program for assistance.

Return to Business Financing Resource Page