NetWork Kansas matching loan programs are designed to support private capital by providing matching funds to assist startups and existing businesses that are expanding. A variety of loan programs are offered based on geography, matching loan amounts, and project need.
Loan: Up to $45,000
Location Criteria: Rural (population fewer than 50,000), OR Distressed-Urban (20% or more of the population in the Census tract lives below the poverty level).
Match Criteria: Matching Loan (up to 150% of the loan being utilized for match)
Finance Terms: Matches terms of partner bank loan (minimum 5%)
https://apply.networkkansas.com/programs/1
Loan: $25,000 - $250,000
Location Criteria: Available in all geographic areas.
Match Criteria: Matching Loan (up to 9% of bank loan) - Minimum bank loan of $278,000
Finance Terms: 1-5 years, 4% fixed. 6-10 years, 6% fixed.
https://apply.networkkansas.com/programs/2
Loan: $10,000 - $250,000
Location Criteria: Available in all geographic areas.
Match Criteria: Matching Loan (up to 20% of bank loan) - Minimum bank loan of $50,000
Finance Terms: 1-5 years, 4% fixed. 6-10 years, 6% fixed.
https://apply.networkkansas.com/programs/3
For more information about these funding programs, contact the NetWork Kansas referral center on (877) 521-8600 or email: info@networkkansas.com