SBA loans for vets

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by a searcher from University of Central Florida
in Virginia, USA

1yr ago

SBA loans for vets

Has anyone had any experience with SBA loans for vets? Specifically, would like to know if there are any advantages or programs out there that would apply only to vets when applying for an SBA loan as part of the acquisition process? Would love to hear thoughts.

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reply by a lender 1yr ago
from University of North Carolina at Wilmington in Argyle, WI 53504, USA

We waive the packaging fee and offer 50bps off the rate for qualified veteran loans. There aren't any other federal programs as far as lending specifically to veterans goes.

reply by a searcher 1yr ago
from Keller Graduate School of Management of DeVry University in Berkeley, CA, USA

The Small Business Administration (SBA) Express loan program offers veterans and their spouses a way to get financing for their businesses quickly and with fewer fees.
1) Fees: Veterans pay no upfront fees on these loans. Approval time: The SBA typically responds to loan requests within 36 hours.
2) Repayment terms: Repayment terms for lines of credit are up to seven years, and between 10 and 25 years for term loans.
3) Search - sba express loans for veterans for more info