SBA launches new measures to help veterans get small-business loans
This initiative from the SBA will start on Jan. 1, 2014, and continue through the end of the fiscal year.
The U.S Small Business Administration announced new measures to help veterans receive small-business loans by eliminating the borrower upfront fee for all veteran loans authorized under the SBA Express program up to $350,000. This initiative will start on Jan. 1, 2014, and continue through the end of the fiscal year.
“Our nation’s veterans are highly skilled and highly trained leaders in their communities,” said Acting SBA Administrator Jeanne Hulit. “This initiative…is part of SBA’s broader efforts to make sure that veterans have the tools they need to start and grow a business. As we honor our veterans and thank them for their service and sacrifice, let’s continue to identify ways to support them when they come home.”