23 Great Resources for Veterans Starting a Business in 2017

RP Members and Connections! Always looking for sources of good information for Veterans and those Service Members getting ready to transitions, or those looking to make a change in direction with their own business.

Many veterans channel the skills and leadership ability they develop in the military into starting a business. There are a wealth of resources available to veteran entrepreneurs. In this article, we provide you with 23 resources related to startup financing, training, and other opportunities for veterans starting a business in 2017.

If you are looking for startup financing there are many loan programs designed to better serve veterans and their families. To qualify for a loan you’ll need to meet some minimum requirements, such as a credit score above 650 (check your score for free here), a down payment of 10%, and a demonstrable ability to repay the loan.

As an alternative to borrowing to fund a startup, those entrepreneurs who have $50k or more in a retirement account can use that money (without paying early withdrawal penalties and taxes) to fund their business by doing a rollover for business startups. You can read more about ROBS here or speak with a professional at Guidant.

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