Financial Services

KLC Financial Services provides low interest loans and investment strategies to Kentucky cities and municipal agencies. For 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 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 over thirty years of experience serving our members, KLC is driven to relieve the administrative burden associated financing options. We will guide you step by step through the process, serves 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 over $1.5 billion dollars 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: City of Hickman

Through the help of a KLC Cornerstone Partner, Harshaw Trane, the City of Hickman was able to obtain a bond of over $2,000,000. They used this bond for various utility service upgrades that are projected to yield returns greater than the overall cost of the project. We are committed to helping all our Kentucky cities continue to invest for their citizens like Hickman did. Since 2014, we have issued bonds for over $12,000,000 for energy saving projects in cities across the state.