KHC Reminder: Low-Interest loans for Commercial Equine Operations

A Reminder from The Kentucky Horse Council:

The Kentucky Agricultural Finance Corporation (KAFC) has low-interest loan opportunities for farmers, including equine operations, to purchase their first farm or provide access to capital for an existing operation. The following capital access programs are available to commercial breeders, trainers, and boarding operations in Kentucky:

Agricultural Infrastructure Loan Program (AILP)
Through AILP producers can qualify for funds to finance buildings or structures with attached equipment for agricultural uses only.
Guidelines (.pdf, 132 KB)
Application (.doc, 170 KB) :: Co-Applicant Addendum (.doc, 133 KB)
Beginning Farmer Loan Program (BFLP)
Beginning Farmers can qualify for financing to purchase livestock, equipment, agricultural facilities, permanent working capital, real estate or invest in a partnership or LLC.
Guidelines (.pdf, 132 KB)
Application (.doc, 170 KB) :: Co-Applicant Addendum (.doc, 133 KB)
Diversification through Entrepreneurship in Agribusiness Loan (DEAL) Program
DEAL is designed to assist individuals who are attempting to diversify their farming operations through non-traditional agricultural production or services. Beginning agri-entrepreneurs may qualify for financing for equipment purchases, facilities, permanent working capital, real estate, investment into an existing agribusiness or other investments at the discretion of the KAFC board.
Guidelines (.pdf, 142 KB)
Application (.doc, 192 KB) :: Co-Applicant Addendum (.doc, 133 KB)
Large Animal Veterinary Loan Program (Vet)
The Vet Loan program is designed to assist individuals licensed to practice veterinary medicine in Kentucky who desire to construct, expand, equip or buy into a practice serving large animal producers, including goat, sheep, swine, and other smaller food animals.
Guidelines (.pdf, 148 KB)
Application (.doc, 169KB) :: Co-Applicant Addendum (.doc, 133 KB)
New Agriculture Enterprise Loan Program (NAEL)
The NAEL program is designed to provide loans for Kentucky farming operations as they enter into a new agriculture enterprise to supply market opportunity created by an Agribusiness expansion.
Guidelines (.pdf, 117 KB)
Application (.doc, 161 KB) :: Co-Applicant Addendum (.doc, 133 KB)