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 Government Grants for Women Owned Businesses and also edits Website on Government Grants for Small Business.

Additional Resources

category - Applying for a Grant

What You Need To Know About GovLoans
GovLoans is a website created by the United States Government to serve the public's gateway to government loan information. At present, GovLoans hosts information on loan opportunities from five loan making agencies.

---

US Agency for International Development Announces Funding for Food and Nutrition Technical Assistance
The US Agency for International Development: Bureau of Global Health has recently announced a funding opportunity amounting to $200,000,000 in order to support the Food and Nutrition Technical Assistance (FANTA III) project.

---

Ethical Schools Project in Peru
The Ethical Schools Project revolves around the notion of promoting a culture of ethical behavior and civic responsibility among members of the youth, as well as teachers and parents. The project also aims to explore ways that would contribute to a reduction in corruption and other forms of illicit activities such as cocoa cultivation and illegal environmental degradation, which are both common practices in Peru.

---

National Endowment for the Humanities: National Digital Newspaper Program
The goal of the National Digital Newspaper Program is to crate a national digital resource of historically significant newspapers published between the years 1836 and 1922, from all of the States and its territories.

---