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Low-Interest Loan Funds

The Lincoln County Economic Development Foundation (LCEDF) administers two low-interest loan fund pools, one utilizing USDA Rural Business Enterprise Grant funding and the other through Network Kansas’s E-Community program.

The loan funds are used to support the creation or expansion of businesses within the county.  The loan program is designed to be used in conjunction with a bank’s loan as down payment assistance or gap financing.  The loan can be used for property acquisition, purchasing a business, construction, working capital, or purchasing of equipment or inventory.  Loan terms are intended to be flexible to fit the needs of the business.

Applications are reviewed and approved by the LCEDF Board of Trustees on a monthly basis.  Have questions?  Please contact the LCEDF by calling 785-524-8954, emailing lcedfdirector@outlook.com, or visiting us at the county courthouse, 216 E. Lincoln Avenue in Lincoln.

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The USDA and the Lincoln County Economic Development Foundation are an equal opportunity provider, employer and lender.

 

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