KENTUCKY AGRICULTURAL FINANCE CORPORATION LOAN PROGRAMS

The Kentucky Agricultural Finance Corporation (KAFC) provides access to low-interest loans through joint partnerships with local lending institutions. Applicants must work with a lending agency to submit a KAFC loan application. The following capital access programs are available to producers and processors in Kentucky.


AGRICULTURAL INFRASTRUCTURE LOAN PROGRAM (AILP)

AILP is designed to help Kentucky's agricultural producers by providing access to below market financing for the acquisition, renovation, and construction of agricultural structures that enhance the profitability of their farming operations. 


BEGINNING FARMER LOAN PROGRAM (BFLP)

BFLP assists individuals with farming experience who desire to develop, expand, or buy into a farming operation. Eligible projects include purchases of livestock, equipment, agriculture facilities, and real estate; securing working capital; or investing into a partnership or LLC.

For more information on the Kentucky Selling Farmer Tax Credit (KSFTC) Program that affects beginning farmers, click here to visit Cabinet for Economic Development's website. 


DIVERSIFICATION THROUGH ENTREPRENEURSHIP IN AGRIBUSINESS LOAN (DEAL) PROGRAM

DEAL is designed to assist agri-entrepreneurs with the purchase, establishment or expansion of a business that sells agricultural products or services to farmers or consumers.


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 food animals.


AGRICULTURAL PROCESSING LOAN PROGRAM (APLP)

APLP is designed to provide loan opportunities to companies and individuals in Kentucky interested in adding value to Kentucky-grown agricultural commodities through further processing.

For more information regarding deadlines visit KAFC Deadlines.