PATRICIA SCOTT, CEDFP, CHDFP
Asset Development Programs
"KISRA's Small Business Loan Program helped to give my business what it needed most…Freedom."
Michael F. Koon,
KISRA Economic Empowerment
Need a Loan to Start or Grow Your Business?
Loan Range as low as $1,000 up to $50,000
The KISRA Microloan Program offers a loan product that is available to businesses that are expanding and creating jobs in West Virginia. Loans range from $1,000 to $50,000. The maximum loan term is 6 years. Interest rates shall be up to 8.5% (based on credit).
Businesses that employ 25 or fewer persons or self-employed individuals:
Organized for profit
Have a current business license
In good standing on all taxes, sales taxes, unemployment taxes & workers’ compensation premiums
Eligible Use of Funds:
Non-Eligible Use of Funds:
Refinance existing debt
Down payment purposes
Purchase real estate