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KY
Kentucky Agricultural Finance Corporation (KAFC) Beginning Farmer Loan Program (BFLP)
Low-interest participation loans at 2% APR for beginning farmers in Kentucky. KAFC loans up to $250,000 or 50% of project cost, with maximum 15-year term (25-year amortization for real estate). Approved over $2 million in beginning farmer loans in 2025.
About this program
Visit the program website for full details.
Eligibility
Beginning farmers in Kentucky who are starting or expanding a farming operation. Borrowers must work with a participating lender. KAFC provides a participation loan alongside the primary lender.
Requirements
- Must be a beginning farmer in Kentucky
- Must work with a participating lender
- KAFC portion up to $250,000 or 50% of project cost, whichever is less