Small Business Grants - Support for Veterans
Page 2

The Patriot Express Loan is provided to members of the military community including service disabled veterans, veterans, widowed spouses of a veteran or a service member who died during service or of a service connected disability, and active-duty service members who participated in the military's transitions assistance program. However, the grant of this loan gives a level of authority to the lender who makes sure that the loan is used exclusively for business purposes only.

The role of the SBA in monitoring lenders is critical in the Patriot Express Loan process. It's the SBA's duty to observe whether the lender is taking reasonable measures to ensure that the debt is solely and exclusively used for small commercial purposes. All this work is carried out with appropriate proof and verification to get hold of guaranteed loans from federal agencies.

Unfortunately, the SBA is unable to grant special loan programs and funds to help either disabled persons or veterans. However, these people are still eligible for the rest of SBA's loan guaranty programs. Moreover, veterans are entitled for SBA's special consideration under the loan guaranty program.
Lenders are expected to make clear specifications that all loans provided by them must only be used for commercial reasons. On the other hand, small business loans for veterans have lower interest rates and the fees cannot be charged before the Patriot Express Loan is provided to the borrowers.

Small Business Grants - Support for Veterans
  Back to Page 1

About The Author Michael Saunders is an editor of TopGovernmentGrants.com. He edits a site on Small Business Grants and also edits a Website with information on Government Business Grants.

Additional Resources

category - Applying for a Grant

How to Get a Government Home Loan with Low or Moderate Income
The government provides loans to those individuals who have low to moderate income for permanent residence in rural areas. To qualify for these government loans is not that hard and the restrictions ...

---

Free Money Through Grants: Fact or Fiction?
It's posted all over the Internet. You hear it on the radio, and see it on television. The United States government is giving away free money in the form of federal grants. While it's true that the g...

---

Grants From The Department of Agriculture
The US Department of Agriculture aims to achieve this mission by way of programs, including grants, loans and other forms of financial assistance that are made consistently made available to farmers and eligible agricultural sectors.

---

Government Grants within the United States Agricultural Sector
The agriculture industry is one of the key players in the sustenance of a stable economy. For this reason, the United States government has pioneered in aiding the growth and expansion of the industry.

---