Veterans get hand to start, expand businesses

A program designed to help Nebraska veterans and their families launch or expand small businesses is seeing success. Joe Folsom, with the U-S Small Business Administration, says the Patriot Express program has done exceptionally well in the Nebraska veterans community.

Folsom says, “It would be National Guard, Reserve, veterans, spouses of active duty, it’s really everyone that’s a member of a military family that wants to get started in a small business.”

Since the program made its debut in June of 2007, he says 23 Patriot Express loans have been approved in Nebraska, worth more than two-and-a-half million dollars. Folsom says it’s an attractive program to veterans and their families.

“It’s using some of our most expeditious tools, the simple, most efficient tools that we’ve got to provide financing working through our lenders,” Folsom says. Nationwide, the program has helped secure small business loans to nearly 29-hundred veterans and military spouses, passing the 250-million dollar threshold. For information, visit: ““.