Keyword Analysis & Research: business loans for veterans

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Frequently Asked Questions

How do you get a VA business loan?

Call your local Small Business Administration and tell the representative that you would like to apply for a VA business loan. The representative will then take down your information to see if you qualify and mail you a VA business loan application known as the "Patriot Express Pilot Loan Initiative".

Are VA loans always the best choice for veterans?

The VA loan is an incredible benefit offered to servicemembers by the federal government. While the loan is a good fit for many situations, it's not always the right choice. There are several instances where you'd want to use a VA loan and others where you might be better off with a conventional FHA, or other type of mortgage loan.

Can a VA loan be used to start a business?

The VA does not approve or guarantee loans for running or funding a small business via the VA home loan program. Borrowers in need of a business loan should explore other means of financing a small business. The VA home loan program is only for residential mortgages only.

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