Did you know the SBA has a loan program specifically designed for small businesses that need a smaller boost to get started or scale up? Here's a quick breakdown of the SBA Microloan Program — and why it might be the perfect fit for veteran entrepreneurs in this community. 🔹 What Is It? The SBA Microloan Program offers loans up to $50,000 to help small businesses and certain nonprofit childcare centers start up or expand. The average loan is around $13,000 — right-sized for early-stage or bootstrapped businesses. 🔹 What Can You Use It For? Microloans are flexible. You can use the funds for: • Working capital • Inventory & supplies • Furniture & fixtures • Machinery & equipment Note: Funds cannot be used to pay off existing debt or buy real estate. 🔹 Repayment Terms • Maximum repayment term: 7 years • Interest rates: typically 8%–13% (varies by lender) 🔹 How Do You Apply? You apply through SBA-approved nonprofit intermediary lenders in your area — not directly through the SBA. Each lender sets their own credit and collateral requirements, so terms will vary. 👉 Find a microlender near you: sba.gov/microloans --- Veterans, this is a solid option if you're looking for startup capital or need a cash infusion to grow without taking on large debt. If you've used an SBA Microloan or are considering one, drop your questions or experience below — let's help each other navigate this!

Good afternoon, everyone. My name is Jay and I am a 100% SDV. Live in Spring and have a few irons in the fire now with PMP certification on the horizon and a MS finance program starting in August. I am a licensed Realtor and want to start a real estate investment company. Look forward to connecting and helping however possible. Cheers!