What is the SBA VetCert program?
The SBA Veteran Small Business Certification (VetCert) program certifies veteran-owned small businesses (VOSB) and service-disabled veteran-owned small businesses (SDVOSB) for federal contracting priority. VA and other agencies maintain set-aside contracts specifically for SDVOSB-certified businesses. The program was cleared of a 2,700-application backlog in November 2025, with certifications now processing in a more timely manner. Apply at veterancertification.va.gov.
What is the SBA Veterans Advantage loan program?
SBA Veterans Advantage provides reduced or waived guaranty fees on SBA 7(a) loans for veteran-owned businesses. Loans up to $350,000 carry no guaranty fee. Larger loans receive a 50% reduction in the standard guaranty fee. This is a meaningful cost savings — the standard SBA guaranty fee on a $500,000 loan is approximately $13,000. Veterans Advantage brings this to roughly $6,500, plus the VA backs the program.
Can a service-disabled veteran get additional funding advantages?
Yes. SDVOSB certification opens access to VA-specific contracting set-asides and federal procurement goals (the government aims to direct 3% of all federal contracting dollars to SDVOSBs). Revenue from SDVOSB contracts dramatically improves business fundability. Some private lenders also offer rate discounts for veteran-owned businesses as a community commitment.
Can a military spouse get veteran business funding?
Yes. Many veteran business funding programs explicitly include military spouses in their eligibility — including some SBDC Boots to Business resources and several private veteran-focused grant programs. SBA VetCert does not currently extend to military spouses for certification, but alternative lending programs have no such restriction.
Are there grants for veteran-owned businesses?
Yes. Amber Grant for Women (includes veteran women), Hivers and Strivers (for academy graduates), StreetShares Foundation (grants for veteran entrepreneurs), and numerous state-level veteran entrepreneurship programs. The SBA does not provide grants to start or expand businesses — be wary of programs marketed as 'SBA grants for veterans.'
Can a veteran-owned business get same-day funding?
Yes. For working capital and MCA programs, qualified veteran-owned businesses with 3+ months of consistent deposits can receive same-day ACH funding after underwriting approval. SBA 7(a) programs are NOT same-day — they require 30–90 days to process and are best for planned capital needs rather than immediate working capital.
Does military service improve my credit profile for lenders?
Military service itself is not a credit factor for commercial lenders. SCRA (Servicemembers Civil Relief Act) protections apply to active duty members regarding interest rate caps on pre-service debts. For veteran business owners, your credit profile is evaluated the same way as any other business owner — on the merits of your deposits, revenue, and credit history.
Can I get funding for my veteran-owned franchise?
Yes. Franchise acquisition financing is available for veteran-owned franchises. Many franchise brands offer reduced or waived franchise fees for veterans (IFA's VetFran program includes 650+ participating brands). Combined with SBA Veterans Advantage financing for the franchise purchase, the total capital cost can be significantly reduced.