Small Business Loans for Veterans

A Commitment to Veteran-owned Small Businesses

Our military veterans possess traits that make them successful entrepreneurs and small business owners; things like motivation, discipline, focus, resilience, strategic orientation, and team orientation - to say nothing of having accomplished ambitious goals with the weight of a gigantic bureaucracy on their backs.

As veterans transition from military to civilian life and want to open their own business, many have difficulty securing a small business loan because many lenders don’t want to finance startups. We are committed to providing loans to underserved small business owners, including veterans. As a network of non-profit lenders, we are willing to take the time to look at the story behind you and your business with an eye towards saying yes to your loan request.

Veteran-owned Small Business Facts

  • According to the Small Business Administration, veterans are 45 percent more likely than non-veterans to start their own business.
  • Veteran entrepreneurs are responsible for nearly one out of every 10 small businesses.
  • Veteran-owned small businesses generate more than $1.2 trillion in receipts every year and employ nearly 6 million workers.
  • As more than a million service men and women end their military careers over the next five years and transition back to civilian life, veteran business owners will play a critical role in creating economic opportunities for the entire nation.
  • 94% of American consumers said the gratitude they feel makes them more likely to buy veteran.
  • 95% of Americans feel a sense of gratitude toward military veterans.
  • 70% of American consumers would rather buy from a veteran.
 

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Elevo Dynamics

Two jobs saved and two created as well as five temporary constructions jobs created
Veteran-owned business
Minority-owned business
Located in a low-income community