Small business loans have been a saving grace for the businesses owned by disabled veterans for many years. After all the sacrifice and time spent serving our country, disabled veterans are still routinely turned down by banks and traditional lenders for reasons as small as low credit scores and less-than-stellar sales.
Many of these disabled service members simply don’t have time to boost their credit scores or annual sales upon returning home. After medical expenses and readjustment to civilian life, many disabled veterans cannot qualify for the business financing they need due to factors beyond their control.
Fortunately, alternative business financing companies like NBC&S offer small business financing options specialized to make access to capital easier and faster for disabled veterans, as their way of giving back to those who gave everything for our freedom.
To get any type of veteran small business loan, at least 51% of your business must be owned by a veteran.
NBC&S simplified the qualification process to make getting approved for small business loans easier for disabled veterans. Take a look below to see if you apply for the financing option of your choice:
A major concern for disabled veterans in obtaining financing is the question of whether they’ll have to leverage personal and real estate collateral in exchange for capital. Many don’t have the kinds of assets needed to be leveraged, and many others simply don’t feel comfortable putting their own properties at risk in case of foreclosure.
To help, NBC&S offers a wide variety of “unsecured” small business loans for veteran business owners. The term “unsecured” means that any capital lended does not have to be “secured” by the borrower’s assets. No collateral is needed for these types of business loans.
What’s more, NBC&S has many small business loans for military veterans with bad credit, which don’t require any FICO minimum in order to qualify for funding.
For more information on small business loans for veterans with bad credit, click the link here: Top 6 Veteran Business Loans with Bad Credit Acceptance in 2018
Apply online by filling out our simple 1-minute application, and begin the process to receive funds in as little as 24 hours, with 24/7 guidance from a dedicated Business Financing Advisor.
Or, if you would like to speak with a Business Financing Advisor before moving forward, call (877) 482-3008 or contact us here for a free consultation!
National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.
Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.
We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!
Megan Capobianco is the Marketing Manager at National Business Capital & Services. Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.