Your time in the military prepared you for the business world. Traits such as discipline, leadership, and determination can help you thrive as a small-business owner—but first, you’ve got to get funding.
You may have heard about VA loans and other forms of financing specifically for veteran-owned small businesses. But if you’ve spent any time researching funding for veteran entrepreneurs, you’ve probably found lots of outdated information. In fact, our research suggests that most articles about VA loans recommend you get a small-business loan that hasn’t been available since 2013.
Financing is complicated enough as-is. Add in outdated or confusing information, and navigating your funding might feel harder than getting through Ranger School (or BUDS, Rescue Swimmer School, or SERE—we love all our branches here at Business.org).
In this article, we’ll warn you about outdated funding information for vets, tell you about the funding currently available to you, and point you toward some other resources for veteran small-business owners.