Business Loans in Kansas

Kansas combines its agricultural heritage with a surprisingly diversified economy that includes aviation manufacturing, energy, technology, and healthcare. Wichita is known as the "Air Capital of the World," serving as the manufacturing home of major aircraft companies including Textron Aviation (Cessna and Beechcraft), Spirit AeroSystems, and Bombardier Learjet. The Kansas City metropolitan area, straddling the Kansas-Missouri border, provides a major urban market with strengths in technology, animal health sciences, and financial services. Kansas leads the nation in wheat production and is a major beef cattle state, with agriculture contributing over $67 billion to the economy. The state's energy sector includes both traditional oil and gas production and growing wind energy capacity. Kansas's approximately 250,000 small businesses benefit from a central location, affordable operating costs, and a strong work ethic among the workforce. The Kansas Department of Commerce offers PEAK (Promoting Employment Across Kansas) tax credits, the Kansas Industrial Training Program, and the Rural Opportunity Zone initiative that offers student loan repayments and income tax waivers to attract professionals to rural Kansas counties. The state's cost of commercial real estate and wages are significantly below the national average.