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S.E.R.V. Loan for Veterans

Business Loans for Those Who've Served
Application

Grow Your Company With an SBA-Guaranteed Loan

Service Credit Union’s S.E.R.V. (SBA Express Reserved for Veterans) loan is a special program designed to help veteran-owned small businesses get the funding they need to grow their businesses. S.E.R.V. loans are backed by the Small Business Administration (SBA) and offer a number of benefits, including:

  • Loan amounts up to $20,000
  • A fixed note with a 3-year repayment period
  • Zero upfront guaranty fee
  • 50% SBA Express guaranty
  • Simple application process
  • Flexible terms
  • No origination fees
  • No annual fees
  • No prepayment penalties

S.E.R.V. is available to veteran-owned businesses registered in New England and in good standing, including startups.

If your business is under two years old, before applying, you’ll need to complete the SBA’s free Boots to Business program, an entrepreneurial education and training program offered as part of the Department of Defense’s Transition Assistance Program (TAP).

B2B provides participants with an overview of business ownership and is open to transitioning service members (including National Guard and Reserve) and their spouses.

 

Are You Ready to Apply?

Step 1: Complete the Application

Step 1: Complete the Application

Be sure to include verification of military service/affiliation*
Apply Now
Step 2: Gather Supporting Documents

Step 2: Gather Supporting Documents

If your business is less than two years old, please include:

  • Verification of Boots to Business completion (More Info)
  • Projections for two years demonstrating satisfactory cash flow coverage (Sample Here)
Step 3: Final Submission

Step 3: Final Submission

Email your completed application package to: BusinessServicesLending2@servicecu.org
We’ll review your application and send the SBA Form 1919 via DocuSign. If approved, opening of a Service Credit Union business account will be required prior to closing and funding.

Accolades

  • 2022 SBA Credit Union of the Year
  • 2022 Financial Services Business of the Year – Business NH Magazine
  • Bond Deal of the Year Award – 2022 Granite State Awards
*Small businesses must be owned and controlled (51%+) by one or more of the following groups: veteran, active-duty military in TAP, reservist or National Guard members, or a spouse of any of these groups, or a widowed spouse of a service member or veteran who died during service, or a service-connected disability.