How to get a va business loan

how to get a va business loan

Things You'll Need

How to Get a VA Business Loan

Call the Small Business Administration answer desk at 1-800-827-5722. Ask a representative for the contact information for your state's local Small Business Administration.

Call your local Small Business Administration and tell the representative that you would like to apply for a VA business loan. The representative will then take down your information to see if you qualify and mail you a VA business loan application known as the "Patriot Express Pilot Loan Initiative". To qualify, you must be either an active service member, a retired military veteran, a disabled veteran or a spouse of any of the above.

Fill out the entire VA business loan application, check it over for errors, and return it to

your local Small Business Administration office.

To fill out the VA business loan application known as the "Patriot Express Pilot Loan Initiative" online, go to www.SBA.gov and look up the "Patriot Express Pilot Loan Initiative". You can review the qualifications and print out the loan application straight from the website. Fill out the loan application and mail it to your local Small Business Administration office or deliver it in person.

Wait two to three weeks and then call the Small Business Administration at 1-800-827-5722 and inform the representative that you would like to check on your loan application. The representative can check the status of your loan application and tell you if you have been approved or denied for the VA business loan, and the reasons why.

Source: ehow.com

Category: Credit

Similar articles: