VetLoan Advantage Program

Veterans who own small businesses can save up to $3,000 by tapping into our VetLoan Advantage program.  It’s our way of saying thanks to all veterans for their service, including those just re-entering the workforce.

Our VetLoan Advantage incentives apply to several types of loans:

SBA 504 Loan – used to purchase commercial/industrial buildings and equipment.  Vets can take advantage of a low-down payment (typically 10%) and long-term fixed rates. As an added bonus, CDC will issue a cash rebate up to $3,000 for any funded loan to help veteran owners offset loan expenses.

Community Advantage 7(a) Loan – provides up to $250,000 for working capital, equipment, inventory, tenant improvements and business acquisition.  CDC will waive the packaging fee for veterans, a savings of up to $2,500.

SBA Microloan – provides up to $50,000 for working capital, equipment, inventory, tenant improvements and business acquisition. CDC will waive the 2% loan fee for veterans, a savings of up to $1,000.

Contact one of our Loan Experts nearest you for more information on these loan programs and special rebates for U.S. veterans.