What Types Of Help Can You Get If You Own A Service-Disabled Veteran-Owned Small Business?

If you are the owner of a service-disabled veteran-owned small business (SDVOSB), then you might have heard that there is help out there for you. What you might not know, however, is how much help there is out there, or you might not be sure of the different types of help that are available. Of course, as a business owner who might be struggling to get your small business off of the ground or to keep your established small business afloat, you can probably use as much help as you can get. These are a few examples of things that you might be able to get assistance with, depending on the type of business that you operate and the programs that are available in your area.

Grants

You might need funding to open up a new business, to expand your small business, or to keep your business afloat during hard times. However, you might not like the idea of borrowing money, if you want to avoid debt. Luckily, there are grant programs out there for veterans like you, and one of these grants can help you get the funding that you need, all without you having to worry about paying the money back.

Loans

Although getting grants can be a good thing since you don't have to repay the funds that you receive, you might be having trouble finding a grant, or your grant options might have been exhausted. Still, you might need more money for various things for your business. Luckily, there are special loan programs out there for veteran-owned small businesses. You might find that it's easier for you to qualify for one of these loans than another type of business loan, or you might be offered more favorable terms. Therefore, before you look into any other type of business loan, you should look into options that are available for service-disabled veteran-owned small businesses.

Access to Technology

Nowadays, just about every business can benefit from having access to the newest and best technology. Because of this, you might have invested in computers, software, and more so that your business can have access to technology. Still, you might not have the technological resources that you need, and you might not know who to turn to for help. There are actually SEWP programs that you can get involved in, however, that will allow your business to access technology that your competitors probably can't, which can give your business an advantage.

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