SBA Small Business Loans

Interesting news on the state of veteran-owned business from Allissa Kline at  Business First:

Government-guaranteed lending to veteran-owned businesses declined more than 33 percent through July, but the number of local banks making loans to veterans has doubled.

The U.S. Small Business Administration’s Buffalo District Office reported 24 loan approvals to veterans for the first 10 months of federal fiscal year 2014, compared to 36 such loans for the same time frame in 2013. The total dollar volume has also declined, shifting from $6.9 million a year ago to $5.7 million as of July 31.

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