|POPULAR SBA PATRIOT EXPRESS LOAN INITIATIVE RENEWED FOR THREE MORE YEARS|
Patriot Express is a streamlined pilot loan product that offers an enhanced guaranty and interest rate on loans to small businesses owned by veterans, reservists and their spouses. Over the past two years, loan volume has increased dramatically.
"American veterans have the leadership skills and experience to become successful entrepreneurs and small business owners," said SBA Administrator Karen Mills. "The impact of this program over the last few years has meant thousands of veterans and their families have had the resources to pursue their dreams as entrepreneurs and at the same time create jobs and drive economic growth at a critical time for our country."
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