Small Business Grants - Support for Veterans
by:
Michael SaundersIn America today there are currently more than 45 million veterans. Many of these vets continue to provide service to their communities through small business ownership. For the most part government agencies do not provide direst government grants to start a business, veterans often have the same difficulties that other small business owners in finding financing. However veterans, with the dream of starting their own business, can avail themselves of the Patriot Express Loan that consists of several small business administration loan programs. These programs provide assistance to all veterans who seeking small business financing.
The Small Business Administration is dedicated to assist the service people of America and provides the Patriot Express Loan Program for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during this process, an indispensable role to support the nation's economic prosperity.
Patriot Express Loan that can be used for various commercial purposes that include, initial cost, working capital, growth, stock management or purchases of equipment. The scope of the small business support offered by the SBA is illustrated by the fact that more than 14% of commercial activities and more than $ 1 billion debt in America are guaranteed by SBA annually for small business owners.
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Small Business Grants - Support for Veterans
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Additional Resources
category - Small Business Grants
Small Business Administration's Loan Guarantees ProgramThe Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.
Community Development Financial InstitutionsCommunity Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.
Small Business Administration's Small Business Investment CompaniesThe Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.
Historically Underutilized Business Zones - HUBZone Empowerment Contracting ProgramThe Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.