According to the Small Business Association, veteran-owned businesses make up 9.1 percent of all US businesses — and they all need capital to get and keep them going. But securing financing for a startup or a small business is almost never easy. And it can be even more difficult for veterans, who may have gaps in their financial history due to time on active duty.
Luckily, there are a few options for business loans for veterans. Some are government-funded, while others come from the private sector. Let's take a look first at government-funded small business loans for veterans and then dive into the private sector.
The Small Business Association (SBA) administers the most well-known small business l...