Veterans Small Business Week (Nov. 4-11) is the U.S. Small Business Administration’s way of saluting the significant entrepreneurial efforts of America’s military veterans. Did you know: Nearly one in 10 small businesses is owned by a veteran. Almost 6 million people have jobs with the nation’s 2.4 million veteran-owned small businesses. Veterans are 45-percent more likely to be self-employed, compared to those with no military experience. “SBA’s Veterans Small Business…
The Small Business Administration has eliminated fees on loans of $150,000 or less. The upshot: A small business owner who receives a $150,000 loan guaranteed by the SBA’s 7(a) loan program will save more than $2,500. “This is an attempt to reach out to more of the smaller borrowers, who are looking for a smaller dollar amount, often for a startup, to make sure that it’s easier and less expensive…