SCKEDD is a nonprofit organization that brings together communities to advocate for economic growth in a 14-county area in south central Kansas. SCKEDD offers the following:
An economic development program that provides small business concerns with a financing source of potentially 90% for the acquisition of fixed assets.
If you are working through your bank to secure additional funding for your business, the SBA 7(a) loan/guarantee may be the program you need.
If you own or are in the process of starting a small business and your loan request is for $50,000 or less, and the total project debt does not exceed $150,000, you may qualify for a Microloan.
Business & Industry Guarantee Loan Program
If your business is located in a rural area or city with a population of less than 50,000 and you plan to add jobs with your business expansion, this may be best for you.
Intermediary Relending Program (IRP)
If you own a business in a rural area or community with a population of up to 25,000 and you need a maximum of $250,000 in funds, you may qualify for this program.
Revolving Loan Fund (RLF)
If your business needs call for less than $300,000, you may qualify for the Revolving Loan Fund (EDA).
Rural Microenterprise Assistance Program (RMAP)
The South Central Kansas Economic Development District, Inc. is pleased to offer a Rural Microenterprise Assistance Program (RMAP) for small businesses that have modest credit needs and do not qualify for financing from traditional credit sources and are located in rural areas outside the City of Wichita.
Rural Business Development Loan Program
If your business is located in a rural area or city with less than 50,000 population, you plan to add jobs with your business expansion, and need $2,500 to $50,000, this program may be what you need.
CDBG- Economic Development
If you plan extensive development of a business including land, building, machines and other equipment and create jobs in the process, you may qualify for Community Development Block Grant (CDBG) loan funds.