KEDFA Small Business Loan Program

The KEDFA Small Business Loan Program sits under the Kentucky Economic Development Finance Authority and provides below-market fixed-rate direct loans for Kentucky small businesses. It is aimed at manufacturers, agribusiness firms, and service or technology businesses that need fixed-asset financing for land, buildings, equipment, or working capital. Loans run from $15,000 to $100,000 over terms of three to ten years, and the program can fund up to 100 percent of project costs or sit alongside other financing. Eligibility is limited to for-profit businesses with 50 or fewer employees, and borrowers must create at least one new full-time job within one year of closing. The program works best for small companies that can pair a modest loan request with a concrete expansion plan and a near-term hiring commitment. KEDFA reviews applications at its monthly last-Thursday meetings, and submissions need to arrive by the last Friday of the prior month, so timing matters as much as the project itself.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.