Loan Programs

Kentucky Highlands has many financing tool, below are few loan programs which allow Kentucky Highlands to make investments from $500 to $10 million. If the below programs do not fit your need, please contact us, KHIC has several more loan progams.

For Loans Up to $35,000

The Micro-Enterprise Loan Fund is designed to encourage the development of small businesses by extending credit and providing technical assistance. All expansions and start-ups are eligible with the exception of businesses engaged in gambling, speculation lending or investments, pyramid sales, and floor planning. Funds may be used for the purchase of equipment or for working capital for the business and loan terms cannot exceed six years. A 5% minimum equity investment and personal guaranty are required. Click Here for the Fact Sheet.

For Loans Up to $250,000

The Small Business Loan Fund may be used to purchase and/or develop real estate, buy new or used equipment, and for working capital for the business. Exceptions include retail, coal, agricultural or tourism related projects. All loans are terms loans and must be collateralized and personally guaranteed. Interest rates are negotiable and terms vary from 5 to 15 years based on the purpose of the loan and the strength of the borrower. Click Here for the Fact Sheet.

Current Asset Leverage Financing

Kentucky Highlands Investment Corporation offers working capital lines of credit businesses. The lines of credit are secured by accounts receivable, inventory and general intangibles of the corporation. The term of the loan is typically one year, but renewals are possible. A portion of the loan may be sold to local and regional banks in the form of bank participation.

Business and Industry Loans

Kentucky Highlands Investment Corporation has been designated as a guaranteed lender in the United States Department of Agriculture Business and Industry Loan Guaranty Program. This program allows Kentucky Highlands to make loans up to $10 million and receive a guaranty from USDA. By using this program Kentucky Highlands is able to offer long term fixed rate financing.

Kentucky Highlands Investment Corporation prohibits discrimination on the basis of race, color, origin, sex, religion, age, disability, political beliefs, sexual orientation or marital or family status.

	Investment Programs News & Communications About KHIC Member Login Energy Boot Camp Contact Us Equity Investments Loan Programs Management Assistance Industrial Development Empowerment Zone Loan Programs Kentucky Highlands has many financing tool, below are few loan programs which allow Kentucky Highlands to make investments from $500 to $10 million. If the below programs do not fit your need, please contact us, KHIC has several more loan progams. For Loans Up to $35,000 The Micro-Enterprise Loan Fund is designed to encourage the development of small businesses by extending credit and providing technical assistance. All expansions and start-ups are eligible with the exception of businesses engaged in gambling, speculation lending or investments, pyramid sales, and floor planning. Funds may be used for the purchase of equipment or for working capital for the business and loan terms cannot exceed six years. A 5% minimum equity investment and personal guaranty are required. Click Here for the Fact Sheet. For Loans Up to $250,000 The Small Business Loan Fund may be used to purchase and/or develop real estate, buy new or used equipment, and for working capital for the business. Exceptions include retail, coal, agricultural or tourism related projects. All loans are terms loans and must be collateralized and personally guaranteed. Interest rates are negotiable and terms vary from 5 to 15 years based on the purpose of the loan and the strength of the borrower. Click Here for the Fact Sheet. Current Asset Leverage Financing Kentucky Highlands Investment Corporation offers working capital lines of credit businesses. The lines of credit are secured by accounts receivable, inventory and general intangibles of the corporation. The term of the loan is typically one year, but renewals are possible. A portion of the loan may be sold to local and regional banks in the form of bank participation. Business and Industry Loans Kentucky Highlands Investment Corporation has been designated as a guaranteed lender in the United States Department of Agriculture Business and Industry Loan Guaranty Program. This program allows Kentucky Highlands to make loans up to $10 million and receive a guaranty from USDA. By using this program Kentucky Highlands is able to offer long term fixed rate financing. Kentucky Highlands Investment Corporation prohibits discrimination on the basis of race, color, origin, sex, religion, age, disability, political beliefs, sexual orientation or marital or family status. © Kentucky Highlands Investment Corporation 606-864-5175 \| 606-864-5194 Fax Privacy Policy \| Terms of Use \| XHTML \| CSS