Loan Programs

The Kentucky Agricultural Finance Corporation (KAFC) is working to develop and market new loan opportunities to producers to purchase their first farm or provide access to capital for an existing operation. The following capital access programs are available to producers and processors in Kentucky:

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Participation Loan Programs

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.
Guidelines (132 KB)
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 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 (142 KB)
Application (192 KB) :: Co-Applicant Addendum (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 (148 KB)
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.

Guidelines (138 KB)
Application(178 KB) :: Co-Applicant Addendum (133 KB)
For more information regarding capital access programs offered by the Kentucky Agricultural Finance Corporation,
contact Bill McCloskey, Deputy Executive Director, or Ali Hulett​, Loan Programs Manager.
Kentucky Agricultural Finance Corporation
404 Ann Street
Frankfort, KY 40601
(502) 564-4627

: Loan Programs