Bankruptcy Kentucky Lien Union 
Buisness Facilities Contributed Content
APRIL 15, 2014
Right-to-Work State: Union membership in Kansas is 6.8%, well below the national average. The KENTUCKY ENTERPRISE INITIATIVE ACT (KEIA): For new or expanded service or technology, manufacturing, or tourism attraction project in Kentucky. Workers’ Compensation: Kansas ranks 9th lowest in the U.S. for worker compensation rates.
Buisness Facilities Contributed Content
MARCH 21, 2014
The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.
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