Business loan programs
- Microenterprise
- $500–$50,000; up to six years for non-property uses or ten for property, first lien and personal guarantees, with at least 5% owner equity.
- Small business
- Up to the lesser of $250,000 or 75% of project cost; five-to-fifteen-year terms, first lien, personal guarantees and at least 10% owner equity.
- Operating credit
- Current Asset Leverage lines up to $4 million, secured by receivables, inventory or other assets, with variable Prime-plus-margin pricing.
- Next Step pilot
- Up to $10,000 for qualifying businesses under twelve months old in Clay, Lee, Leslie, Letcher, Owsley and Perry counties.
Provider sources: Official lending and lender information · Official lending and lender information
