Our ongoing commitment to veterans sets us apart from other Certified Development Companies. In addition to our participation in the National Association of Development Companies (NADCO) VetLoan Advantage Program, as of 2017 we are offering the same advantages for veteran’s spouses via our Plus program. Together, we are helping support the SBA 504 Loan Program’s goal of increasing veteran loans by at least 5% per year.
VetLoan Advantage Plus
Special Financing for Veterans and their Spouses
The help accomplish this goal, ASBC offers the following fee reductions for veteran owned small business as well as small businesses owned by the spouses of veterans.
- ASBC will pay half of the Third Party Lender Fee, up to $3,000
- Processing fee reduced from 1.5% to 1.0%
“ASBC recognizes the sacrifice that all veterans and their spouses have made to protect our country and are committed to assisting them as they grow their businesses with the 504 Loan Program.”
– Bill Habermeyer, President and CEO of Alabama Small Business Capital