IncSmart District of Columbia (Small Business and Startups) -
Veterans SBA in District of Columbia. The SBA or Small Business Association, offers many resources for veterans who want to start there own companies. The SBA Veterans advantage is waving all fees for loan qualifications if approved. The SBA loans are not given by the SBA, but rather, the SBA facilitates the veteran in finding a loan that the SBA will give a government backed loan guarantee.
Veterans own 9% of all American businesses and hire over 6 million employees. The SBA has a program called Boots to Business, that will help veterans with startups. The SBA also has the 7a Program which offers loans to veterans with good credit. The SBA Express Loan program can provide loans up to $350,000, payable in seven years. The decision on these loans are made within 36 hours. The census has found that military veterans are more likely to own a small business than non military citizens, but are finding it harder to secure a loan.
By IncSmart Staff Writer
Starting a Business in Washington DC
For 10 years, IncSmart.biz Business Services has helped companies and people from all over the world form DC Corporations and DC Limited Liability Companies. When you call, email, instant message or live chat with our office, expect personal attention. We are very excited about helping you form your new company. Each state is so different when it comes to filing documents, you will know right away you are in the right place.
We are very excited about helping you form your new company. Each state is so different when it comes to filing documents, you will know right away you are in the right place. Think Smart. Think IncSmart.
Think Smart. Think IncSmart.