Here are a few resources to help service-disabled veterans get their businesses going: Self-employment grants: The VA offers a self-employment program for service-disabled vets. Those who are interested can contact their local VA office. Veteran Readiness and Employment: The VA’s Veteran Readines...
Bank of Americaoffers discounts for veterans applying for business loans. The SBA often guarantees those loans, however, so working directly with the SBA is a good way to find out all of your options.
The SBA sets the minimum credit score for these business loans at 155, though preferred lending partners can approve applications below that threshold. FICO SBSS score (0 to 300): The higher the score, the less risk your business presents. While the FICO SBSS has a set range, your ...
Many companies maintain funds that are designated to make low-interest loans in such cases. Alternatively, some arrangement might be worked out through a credit union. In any event, employees in such extremities need help fast. They should get that help, both as a humane response to their ...
Women, minorities, vets benefit from SBA loans; $28.4 million in 2000:Small Business Administration assists entrepreneursASSOCIATED PRESS
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TheVets First Verification Programverifies that a veteran-owned or service-disabled veteran-owned business qualifies to compete for VA set aside or sole-source contracts. TheVerification Assistance Programcan help you navigate the application process. ...
If you know someone who has student loans they are struggling to pay down/off and you are financially comfortable, you could offer to help them with their payments. If you have a bank account with one of the large, national banks (especially Wells Fargo, Citi, Chase, or Bank of America...