When Veteran Day is getting closer, I think it will be the right time to direct attention to the number of veteran businesses operating in the United States. Recent estimates show more than 2.45 million small businesses in the United States are owned by veterans, representing more than 9% of all business A.S. Most of these businesses specialize in technology, consulting, or construction and require initial capital less than typical small businesses.
Fortunately, the process of obtaining veteran funds becomes much easier, which must be useful because the unemployment rate for veterans is currently higher than for the general population. You can choose the best programs for veterans archives at The Veteran Professional.
- Where do I start?.
Veteran company center, a subsidiary of the veteran affairs office, dedicated himself full time to help military personnel by achieving their business goals. From information about veteran funding for health care for team businesses, the Enterprise veteran center is a good source for every member of the military who wants to operate for itself.
- What funding options are available for veterans?
Funding for veteran-owned businesses is easier to obtain. The government recently expanded the Patriot Express loan program through SBA, cutting red bureaucracy and accelerating the loan process for past and active military members. Under Patriot Express, a veteran that meets the applicable requirements to receive small business loans can receive approval in just ten days. This type of fund is ideal for covering start-up costs, growth, and expansion, inventory, and payroll costs.