You have a vision for your small Kansas business. One that could create jobs, strengthen your community, and bring your dreams to life. But securing the right funding can feel like an uphill battle. Confusing loan options, eligibility concerns, and financial uncertainty – it can all make the process overwhelming.
At SCKEDD, we understand the challenges small business owners face, and we’re here to guide you through them. With decades of experience helping entrepreneurs like you, we provide clear solutions, expert support, and access to small business loan options in Kansas that fit your unique needs.
If traditional lenders have turned you down, SCKEDD offers a range of small business loan options in Kansas to help you start, grow, or expand your business with confidence.
Match Your Vision with the Right Loan
As a Kansas entrepreneur, you have access to various loan programs tailored to your needs. Small business loans play a critical role in helping your small business expand, purchase equipment, hire employees, and manage cash flow. Whether you’re launching a startup or scaling your existing company, the right financing option can provide stability and growth opportunities.
Top Small Business Loan Options in Kansas
SBA Microloans: A Boost for New and Small Businesses
For small businesses and startups needing a financial lift, SBA Microloans provide up to $50,000 in funding. These loans can be used for working capital, furniture, inventory, machinery, and leasehold improvements. With a fixed interest rate of up to 10% and repayment terms of 1 to 7 years, they are a great option for entrepreneurs looking to establish or expand their business. Borrowers must contribute 10% equity for existing businesses and 15% for startups to qualify.
SBA Community Advantage Loans: Flexible Financing for Growth
Designed for businesses that need larger funding amounts, SBA Community Advantage loans range from $5,000 to $350,000. These loans can finance working capital, equipment, business acquisitions, commercial real estate, and more. With fixed or variable interest rates between 6–10% and terms extending up to 25 years, this loan program provides flexibility for long-term business success. Businesses must provide 10% equity for existing operations and 15% for startups, and the loan can fund up to 75% of a total project.
EDA Revolving Loan Fund: Supporting Business Expansion
The EDA Revolving Loan Fund (RLF) helps businesses expand by offering loans between $5,000 and $300,000. These funds can be used for business acquisitions, inventory, equipment, working capital, and business expansion. With fixed interest rates between 6–10% and terms up to 25 years, this loan provides affordable financing options for businesses looking to scale. To qualify, businesses must provide 10% equity for existing operations and 15% for startups and be located in a 14-county region in Kansas.
USDA Intermediary Relending Program: Supporting Rural Businesses
For entrepreneurs in rural Kansas, the USDA Intermediary Relending Program (IRP) offers loans between $5,000 and $250,000. These funds can be used for working capital, inventory, business acquisitions, commercial real estate, and equipment purchases. With fixed interest rates up to 10% and terms extending up to 25 years, IRP loans provide an excellent opportunity for businesses in rural communities. To qualify, businesses must provide 25% in match or owner equity, and the business must be located in a rural area with a population under 25,000 in the 14-county Kansas region.
Take Your Small Business to the Next Level
Finding the right loan starts with understanding your business’s financial needs and long-term goals. Compare interest rates, repayment terms, and eligibility requirements to determine which option aligns best with your cash flow and growth plans. If you’re a startup, a microloan might be the right fit, while established businesses looking to expand may benefit from larger loan programs like the SBA Community Advantage or EDA Revolving Loan Fund. Consider your credit history, required equity contributions, and project funding needs before making a decision.
Your Guide for Your Application Process
Getting started with your loan application is easier when you know what to expect. Begin by gathering essential documents, such as tax returns, financial statements, and a business plan. If you’re unsure whether your credit score meets lender requirements, consider taking steps to improve it before applying.
Once you have your paperwork in order, explore SCKEDD’s loan programs to find the best financing option for your business. Our team is here to guide you through the process and help you secure the funding you need to move forward with confidence.
Ready to Take the Next Step?
Without access to the right loan, you might struggle to expand, hire employees, invest in equipment, or keep up with demand – putting your dream at risk before it has a chance to fully take off.
However, with the right loan and the right partner, your business can grow, thrive, and become everything you’ve envisioned.