Can somebody educate me about veteran's business loans?

COL Vincent Stoneking — Sat, 22 Aug 2015 17:37:00 -0400

I just partnered with a friend of mine to open a fitness-based business with a (re)launch around 6 months from now. We have enough capital to open the business, but we would have to do it on a shoestring for quite a while. I would like to have enough cash on hand to get a decent location and properly outfit it, as I believe that will be the key to getting positive cash flow sooner rather than later (though, obviously with debt).

What can you tell me, where can you point me, for info an any special loan/grant programs that cater to veterans? We haven't settled on the exact breakdown of ownership yet, but I expect to be roughly a 35-40% owner.

Response by HN Israel Soto Alicea made Aug 22 at 2015 11:01 PM

HN Israel Soto Alicea — Sat, 22 Aug 2015 23:01:10 -0400

Have you checked out the SBA patriot express loan. I hear it has the lowest interest on the loan.

Response by SFC Pete Kain made May 19 at 2016 4:49 PM

SFC Pete Kain — Thu, 19 May 2016 16:49:18 -0400

Trust the Government at your own peril.