New SBA loan program for veterans and military community - Patriot Express

This week, the US Small Business Administration (SBA) launched a new lending program for the entire military community, including military spouses.

Patriot Express features some of the lowest interest rates of any SBA loans, generally 2.25 to 4.75 over prime.

Eligible for the program are:

  • Veterans
  • Service-disabled veterans
  • Active-duty service members eligible for the military’s Transition Assistance Program
  • Reservists and National Guard members
  • Current spouses of any of the above
  • The widowed spouse of a service member or veteran who died during service or of a service-connected disability
  • Here’s even more info on Patriot Express.

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