Veterans
Ready Capital is proud to be a top lender to veteran business owners. Learn more about our loan terms and packaging fee waivers.
Overview
Ready Capital takes great pride in our ongoing commitment to all those who have served our country. For U.S. veterans who later become entrepreneurs and business owners, Ready Capital can provide the right SBA financing.

Military Makeover with Montel

SBA 7(a) Highlights for U.S. veterans
- Loans from $350,000 to $7,000,000*
- Loan terms up to 25 years
- Low borrower equity required
- Wide use of loan proceeds
- Limited/No prepayment penalties
- Packaging fees waived on SBA financing
- Closing costs may be financed
*Loans between $5M and $7M financed with Pari Passu loans. Loans under $350,000 financed through our iBusiness technology platform. These loans are made pursuant to the SBA 7(a) Small Balance and Express programs. Loans over $7,000,000 may be funded pursuant to our USDA B&I license. In either case, loan terms vary by loan program, borrower eligibility, loan amount, and other factors.

About Ready Capital
Why Ready Capital for veteran-owned businesses
Ready Capital is your trusted partner for small business loans.
Here’s why brokers and business owners think we’re different.
Publicly Traded
Listed on the New York Stock Exchange (NYSE:RC), non-bank, non-depository
SBA Preferred Lender
Ready Capital is among the top 1% of all lenders in the SBA 7(a) Program
Flexible Lending
More flexible lending box delivers more successes
Nationwide Coverage
Lends in all 50 states and has delivered over $1.6B in capital
Systematic Process
Provides fast eligibility screening, prequalification, and term sheets
Rapid Execution
Approval process focused on speed, dependability, and transparency
Dedicated Service
A dedicated Ready Capital representative shepherds each transaction
Regular Outreach
A communication-rich customer experience

Have a question about U.S. Veteran business Loans?
FAQs
What are the best loans for U.S. veterans in 2023?
Answer: An SBA 7(a) loan is an excellent option for first-time and established business owners who are veterans.
Ready Capital is able to offer competitive terms and more flexibility in our qualifications as a national non-bank lender. We also waive the packaging fee for our veteran borrowers who qualify.
Read about our CEO of Small Business Lending, John Moshier, and his connection to veterans.
How do I get a U.S. veteran business loan?
To find out if you qualify for a veteran SBA loan, start by telling us what loan amount you’re looking for below (less than $350,000 or more than $350,000), and then tell us a little more about your business and goals.
What credit score do you need for a veteran business loan?
Answer: For an SBA loan, there is no minimum credit score requirement. You may need other mitigating factors to make up for a lower score, but there is no set minimum.
Does Ready Capital lend to U.S. veterans nationwide?
Answer: Yes, Ready Capital is licensed in to lend to veterans and non-veterans in all 50 U.S. states.
Do I need a down payment for a veteran business loan?
Answer: Sometimes a down payment is needed for an SBA loan, but many Ready Capital SBA borrowers have closed deals without having to put any money down.
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Get Started
Apply for a Ready Capital SBA 7(a) loan
Click the appropriate loan amount below to be directed to the application process. It takes less than 3 minutes and will not affect your credit score.