Financial Services

KLC Financial Services provides low-interest loans and municipal finance strategies to Kentucky cities and municipal agencies. For more than 30 years KLC has been committed to helping cities improve the quality of life within their communities.

More than half of Kentucky communities have used KLC's programs to fund the construction of parks, fire stations, city halls, water parks, water and sewer systems, upgrade technology, and build infrastructure. Whether it is the low-interest rate, the quick turnaround, or the flexibility of the program, KLC's goal is to give members the best possible service at the best possible price.

What KLC Offers

Tailored Solutions. Our programs allow for funds to be used for capital improvements, renovations, fixed-asset additions, and the ability to refinance existing debt. We can develop payment plans to fit the unique need of each participant and allow for borrowing terms up to a 30-year maturity.

Ease and Simplicity.
With more than 30 years of experience serving our members, KLC is driven to relieve the administrative burden associated with financing options. We will guide you step by step through the process, serve as the liaison between all parties, and help to manage the funds through the life of the deal.

Since 1987, KLC has been able to loan more than $1.5 billion to cities and agencies across Kentucky.

Products and Services

  • Kentucky Bond Corporation - Fixed-rate municipal bond pool for general obligation or revenue-backed projects with no out-of-pocket fees.
  • Bank Placement - Competitive rates on loans from $25,000 and up for terms less than 10 years.
  • Kentucky Bond Development Corporation - Allows local governments to support economic development projects without having to issue bonds.

If you are interested in any of our programs, we can set up a meeting to discuss your project in greater detail. Please contact us directly, or complete one of the applications to the right to help us better understand your financing needs.

Success Story: Summertime Fun in Augusta

The citizens of Augusta will once again be spending their summer days relaxing at the city pool, which is something they have been unable to do since the pool closed in the summer of 2017. Officials were waiting for repairs to be made, and they reached out to the Kentucky League of Cities for help obtaining financing to cover the costs of the necessary repairs. The city was able to finance the project over 10 years through our Kentucky Bond Corporation at an average bond coupon rate of 2.9%! If your city wants to take advantage of these low rates, contact KLC Financial Services to see how we can help make your project a reality.