Connecting Military Veterans with Mission-Focused Business Finance

Sunday, 7 April 2024, 11:00

Discover how Bank of America is empowering former military members by offering funding for small businesses created by veterans. The initiative aims to grow the Veteran Loan Fund to $100 million nationwide by 2027, with the support of other major institutions. Learn how VA-owned businesses can qualify for aid and explore additional resources available to former military members.
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Connecting Military Veterans with Mission-Focused Business Finance

Bank of America's Initiative to Support Veteran-Owned Small Businesses

Starting a small business is no easy feat. You need a great idea, a well-thought-out plan, and the right team to get your venture off the ground. And once you've done that, you need to keep the momentum going.

Helping veterans succeed

The Veteran Loan Fund is an online platform connecting military veterans with business lenders. Bank of America's investment has already funded over 500 small businesses, creating thousands of jobs.

How to get funding

  • Be a former military member or spouse
  • Have a U.S. business
  • Have equity invested in your business

You can explore other funding options if you're not eligible for aid via the Veteran Loan Fund.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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