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SBA Business Loans guaranteed by the Veterans Administration


vet-biz-sbaBusiness Loans for Veterans

VA Business Programs for Veterans

by John P. Allen

updated 5/2007

The Department of Veterans Affairs has created the Center for Veterans Enterprise (CVE), which is solely dedicated to assisting veterans in starting and building businesses. They call it VetBiz.

VetBiz is a Veteran Resource Information web site designed to assist veteran entrepreneurs who want to start and expand their businesses in the Federal and private marketplace. They provide up to the minute information from the Federal Government as it pertains to Service Disabled and Veteran Owned Small Businesses.

VetBiz provides the following services FREE to anyone who served in the active military, naval or air service, and who was discharged or released there from under conditions other than dishonorable:  Vendor Info, Program Assistance, Loans, Business Coaching 

 

     

 
  • Vendor Information Pages – a veteran business database that lists businesses that are 51% or more owned by veterans or service-connected disabled veterans. It is used to promote and market Veteran-Owned Small Businesses (VOSBs) and Service Disabled Veteran-Owned (SDVOSBs). This database is the number one source for Federal agencies looking for SDVOSB's to comply with Executive Order 13360 (97KB PDF) . The Vendor Information Pages (VIP) database averages over 4500 visits per month accounting for over 4100 vendor searches by Federal agencies, prime contractors and private citizens. This database is also the sole source for all inquiries for market research requested through The Center for Veterans Enterprise(CVE) and The US Department of Veterans Affairs (VA).

  • Assistance Program Pages – an electronic Clearinghouse that provides a wealth of resources for the veteran contemplating small business ownership and veteran small business owners considering expansion. This database of professional business development organizations provides assistance in startup, financing and procurement as well as other areas in your local community. The Assistance Program Pages (APP) is required by Public Law 106-50 to provide a one stop resource center for veterans interested in business ownership. This database is a valuable tool for all veterans searching for assistance in starting and expanding a small business.
  • Business Coaching, Networking and Outreach – In-house experts help veteran business owners with specific business questions, brainstorming and counseling. The CVE has one of the strongest outreach programs in support of VOSB's and SDVOSBs. We plan and participate in over 135 conferences yearly to bring awareness to the Federal and private market place as it relates to procurement opportunities for veteran-owned small businesses. Please call toll free at 866-584-2344 or email VACVE@va.gov
  • VetBiz maintains a web site that serves as the federal government portal for veteran-owned businesses known as VETBIZ.GOV hyperlink opens in a new browser window.

    CVE may be contacted by:

    Phone:
    Washington DC Metropolitan Area: (202) 303-3260
    Toll Free: (866) 584-2344

    FAX (202) 254-0238
    E-Mail: VACVE@va.gov
    Web Site: http://www.vetbiz.gov hyperlink opens in a new browser window

    Mailing Address:
    U.S. Department of Veterans Affairs
    Center for Veterans Enterprise (00VE)
    810 Vermont Avenue, N. W.
    Washington, D.C. 20420

    CVE's website provides many links to sites providing assistance to veterans entrepreneurs, such as the Small Business Administration's (SBA) Veteran's Business Development , Officers located in local SBA offices throughout the nation, and the National Association of State Directors of Veterans Affairs (NASDVA), for information on state assistance to veterans.

    Veterans Benefits, Health Care, and Information Technology Act of 2006

    Public Law 109-461, the Veterans Benefits, Health Care, and Information Technology Act of 2006, was signed into law by President Bush on December 22, 2006. This law provides VA with unique authority to conduct set-aside and sole source procurements with small businesses owned and operated by veterans. The agency has 180 days in which to publish implementing regulations. Download a draft Fact Sheet pertaining to P.L. 109-461.

    Executive Order 13360, Contracting with Service-Disabled Veterans' Businesses

    On October 20th, 2004, the President signed Executive Order 13360 calling for an increase federal contracting and subcontracting opportunites for service-disabled veteran businesses. On December 12th, 2004, the Executive Office of the President issued a memorandum to all Federal agencies on the implementation of the Executive Order. This memorandum provides guidance to assist agencies in preparing their strategies to implement the Order.

    Among other things, the Order requires each agency to:

    1. develop a strategy to significantly increase its contracting and subcontracting with small businesses owned and controlled by service-disabled veterans;
    2. designate a senior-level official to be responsible for developing and implementing the agency's strategy; and
    3. report its progress annually to the Small Business Administration (SBA).

    Download VA's Implementation Strategy for E.O. 13360.

    VA Homeless Grants

    The Department of Veterans Affairs provides grants for homeless veterans. The Grant/Per Diem Program assists nonprofit and local/state government agencies in establishing housing or service centers for homeless veterans. Grants are awarded for the construction, acquisition, or renovation of facilities, and for the purchase of vans for the transportation of homeless veterans. Partial operating funds may be provided for programs through per diem payments. Visit the Grant and Per Diem web page hyperlink opens in a new browser window for details.

    SBA Office of Veterans Affairs

    The Mission of the Office of SBA Veterans Affairs Office is to foster entrepreneurship among eligible veterans, to promote the legitimate interest of veteran-owned small business concerns and to ensure that those concerns receive fair consideration in purchases made by the Federal government. Visit the Office of Veterans Business Development hyperlink opens in a new browser window web page for details.

    SBA Veterans Business Development Officers

    Listing of Small Business Administration (SBA) Veterans Business Development Officers at District Offices. Visit the Veterans Affairs Offices by State Listing. For more info, go to: http://www.sba.gov/VETS/

    Please visit their  "News and Information Page" for current releases.


    Veterans Today

    The Veterans Today Network is the group that manages VeteransToday.com

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    The views expressed herein are the views of the author exclusively and not necessarily the views of VT or any other VT authors, affiliates, advertisers, sponsors or partners and technicians. Notices

    Posted by on 7:42 pm, With 0 Reads, Filed under Business. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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    84 Responses to "SBA Business Loans guaranteed by the Veterans Administration"

    1. JOE KIVLIN  May 7, 2010 at 6:20 am

      Im a service disabled veteran and have been trying (like everyone else here) to find information on getting a business loan. Please send me info at kivlinjoe@yahoo.com

    2. todd  April 8, 2010 at 6:30 pm

      I’M looking for financing about 750,000.00 for a ski area anyone know where to look for loans?

    3. Levar Livingston  January 11, 2010 at 12:40 pm

      I’m a vet that ready to start my own business but needs more info on how to go through the VA. If anyone has any info please contact me, livelyfe305@yahoo.com. Thanks!!!

    4. david villarreal  January 7, 2010 at 3:16 pm

      my dad, brother and I are planning to start a business and was wondering if anyone could get ahold of me with any information of getting the VA loan. any information will be useful thanks.

      the_valley_956@yahoo.com

      david

    5. Jack Hadddad  January 4, 2010 at 1:09 pm

      Hello everyone,

      I’m responding to all posts written on this forum thus far; While I appreciate your firstrations and negativity in regards to obtaining an SBA loan, I assure that they are real and withing reach.

      Those who were refused did not have a good business plan to support the idea of their business. In other words, when you are submitting your application, you need to accompany the initial application with a business plan that details revenue and earning projections, as well as a successful model of future growth. Most vets who apply overlook the significance of a solid business plan.

      If the banking committee is not convinced that your business is going to make money, why should they give you a loan?

      I have assisted my friend Tim Haley in getting an SBA loan to start a publishing company; he is a retired professor and loves to write. He has already published 2 novels. I wrote his business plan and prepped him for the panel interview. I can help you as much as my time would allow. I love to help vets; it’s a humanitarian service that I do, 4 to 7 hours per week.

      If anyone is interested, let me know. However, please have a reasonable business idea coupled with passion in pursuing the endeavor. I could be reached at 916-729-1009.

      Regards,

      Jack Haddad, MD, MBA
      Portfolio Manager
      MD Capital Management

      Affiliated Hospitals
      Sutter-Roseville Medical Center, Roseville, CA
      San Francisco General Hospital, San Francisco, CA
      San Jose Orthopedic Medical Group, San Jose, CA
      Highland Hospital, Oakland, CA

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