Veteran Loan Program
Up to $15,000
The REI Oklahoma Veteran Loan Program assists veterans and qualified military individuals in accessing capital to start, grow and build successful businesses in Oklahoma. Veterans play a vital role in stimulating local economic growth and this program was created to ensure they have the financial support needed to make a lasting impact.
Key Features
- Small business loans up to $15,000
- Fixed interest rate of 7.50%
- No equity required
- 100% financing option
- Waived loan origination fee
Example
A veteran-owned business received a loan through the REI Oklahoma Veteran Loan Program to purchase equipment, expand inventory and strengthen working capital.
Project | |
|---|---|
Total | $15,000 |
Equipment | $10,000
|
Inventory | $3,000 |
Working Capital | $2,000 |
Financing Structure | |
|---|---|
Total | $15,000 |
Veteran Loan Program (100%) | $15,000 |
Let’s Take the Next Step – Together
Someone from our team will reach out to learn about your business, talk through your goals, and help you explore the funding options that fit where you’re headed.
REI Oklahoma does not discriminate on the basis of race, color, national origin, sex, disability, or age in its programs and activities and provides equal access to all. The following person has been designated to handle inquiries regarding the non-discrimination policies: Heidi McKnight, Human Resources, REI Oklahoma, 2912 Enterprise Dr., Durant, OK 74701, or (580)924-5094.