Blog

It’s Veteran’s Small Business Week

November 4, 2015 | Small Business Loans

It’s Veterans Small Business Week (Nov. 2-6), time to honor the men and women who served our country and then turned their dedication to starting and growing a small business.

PAIRS grey Running DREAM Shoes Women's 195 Athletic Click to see in entirety

There are an estimated 2.4 million veteran-owned small businesses in the U.S., which generate $1.2 trillion in revenue and support nearly 6 million jobs. Click on the Veterans Mean Business image for more eye-popping statistics!

In 2015, CDC Small Business Finance provided over $37 million in loans to veteran-owned small businesses, which anticipate creating/retaining nearly 600 jobs.

CDC honors veteran business owners through our the VetLoan Advantage program which includes special fee reductions and rebates.

For Veteran entrepreneurs approved for an SBA-504 loan, CDC Small Business Finance will present the borrower a cash rebate of up to $3,000 which will be awarded to help offset certain loan expenses. With low rates still available that are locked in for the life of the loan, the savings to the borrower are considerable.

The Community Advantage Loan Program provides financing up to $250,000 for working capital, equipment, inventory, tenant improvements and business acquisitions. Fees include an SBA fee of 2-3% and a packaging fee of up to 1%. CDC will waive the packaging fee for veterans which is a savings of up to $2,500!

Veterans who get an SBA Microloan will also see a considerable savings through this program. CDC will waive the 2% loan fee for a savings up to $1,000. That’s more money in a vet’s pocket for running their business.

If you’re a veteran who owns a business, the VetLoan Advantage program will save you money. Contact us today at 800.611.5170 or Black Grey Dress Piper Pump Women's Trotters qUwvTIT near you. For more info, visit our VetLoan Advantage page.


Sign up for our Blog

Join our mailing list to receive the latest news and updates from our team.

Please check your email and confirm your subscription.

For media inquiries, email up Round Shoes Oxford Toe 31W Breckelle's Tan Vegan Suede Lace Sandy yIqAcTwn0.

Leave a Reply

Your email address will not be published. Required fields are marked *

Jane Girl's Mary Forever Pump Link 7tcwTW5qv

Running Women's grey 195 Shoes DREAM PAIRS Athletic

Sign up for our Blog

Join our mailing list to receive the latest news and updates from our team.

PAIRS 195 DREAM Running Athletic grey Women's Shoes

Running grey PAIRS Athletic 195 Women's Shoes DREAM Please check your email and confirm your subscription.

Pin It on Pinterest

Women's PAIRS 195 grey DREAM Athletic Running Shoes 6AxwgqSg

CDC Small Business
Women's PAIRS 195 grey DREAM Athletic Running Shoes 6AxwgqSg Women's PAIRS 195 grey DREAM Athletic Running Shoes 6AxwgqSg Women's PAIRS 195 grey DREAM Athletic Running Shoes 6AxwgqSg Women's PAIRS 195 grey DREAM Athletic Running Shoes 6AxwgqSg Women's PAIRS 195 grey DREAM Athletic Running Shoes 6AxwgqSg Women's PAIRS 195 grey DREAM Athletic Running Shoes 6AxwgqSg
Women's PAIRS 195 DREAM Athletic Running Shoes grey

CDC Small Business