Veterans Loans

Ready Capital is proud to be a top lender to veteran business owners. Learn more about our loan terms and packaging fee waivers.

June 6, 2025

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.

SBA 7(a) Highlights for veterans loans

Loans from $350,000 to $5,000,000
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 under $500,000 financed through our iBusiness technology platform. Loan terms vary by loan program, borrower eligibility, loan amount, and other factors.

Why Choose Ready Capital for Veterans Loans?

Ready Capital is a trusted partner for small business loans. Here’s why clients think we’re different.

Publicly Traded

A non-bank, non-depository, listed on the New York Stock Exchange (NYSE:RC)

SBA Preferred Lender

The #4 SBA Preferred Lender in the United States

Responsive Lending

More flexible lending delivers better outcomes

Nationwide Coverage

Lends in all 50 states, delivering over $1.6B in capital

Dedicated Service

A reliable Ready Capital representative manages each transaction

Rapid Execution

Approval process focused on speed, dependability, and transparency

What are the best loans for U.S. veterans?

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.

What’s the best way to get a U.S. veterans business loan?

To qualify for a veterans SBA loan, click on the loan amount needed below (less than $500,000 or more than $500,000). Then complete the online form by telling us about the business and goals.

What credit score is needed for a veterans business loan?

Answer: For an SBA loan, there is no minimum credit score requirement. Other mitigating factors may be needed 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 to lend to veterans and non-veterans in all 50 U.S. states.

Is a down payment needed for a veterans 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.