The Small Business Administration is rolling out a new loan program specifically for small manufacturers. The 7(a) ...

Types of Small Business Loans for Veterans There are many business loans for veterans in need of financing, including loans from the SBA, banks, credit unions and online lenders.

Upfront fees for SBA Express Loans made to veteran small businesses or a spouse of a veteran are also going up. Previously, any of those loans that were $1 million or less had no upfront fee.

Veterans have a substantial number of resources they can turn to when they need to find the best small-business loans. Whether a veteran needs funding for a startup or has a more established ...

The SBA backed 2,800 loans to veteran-owned businesses, totaling $1.2 billion, in fiscal 2023. Changing demographics in the military are having a positive impact on business ownership as armed ...

Many veterans who've started small businesses tell a similar story: Their military service prepared them mentally for the task, but they were at a disadvantage when it came to the financial part.

The numbers are instructive: From 2016 to 2021, veteran-owned businesses received about 2-5 percent of all SBA loans. In 2020, less than 6 percent of all small-businesses were veteran-owned.

If small-business owners face economic injury by being called to active duty (or even a key employee is called), the SBA has an additional program that can provide loans of up to $1.5 million.

In honor of National Veterans Small Business Week, the SBA reminds vets of the resources they can leverage when starting their own business.

Many veterans who’ve started small businesses tell a similar story: Their military service prepared them mentally for the task, but they were at a disadvantage when it came to the financial part.