Benetrends Blog

7 Small Business Funding Options for Veterans

[fa icon="calendar'] Nov 24, 2017 12:00:00 AM / by Molly Klein posted in small business funding, veteran business funding, military

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 Veterans looking to start their own businesses can take advantage of a number of powerful programs. These special programs help those who have served in the armed forces get access to business opportunities and funding sources. 

Here’s a look at seven small business funding options for veterans.

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Turn your Thrift Savings Plan into a Thriving Small Business

[fa icon="calendar'] Nov 2, 2016 4:47:59 PM / by Molly Klein posted in small business, veteran business funding, military

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Your time in the military is filled with big projects, stressful deadlines and probably even more seemingly ordinary events.  But once you look back on them, you realize how all those events add up to a resume filled with interesting skills that you carry into the civilian world.

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Saluting Our Active and Veteran Military Small Business Owners

[fa icon="calendar'] May 13, 2015 12:00:00 AM / by Molly Klein posted in veteran business funding, military

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Your Military Training Prepared You to Operate a Franchise

[fa icon="calendar'] May 1, 2015 12:00:00 AM / by Benetrends posted in buying a franchise, small business funding, veteran business funding, military

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You’ve completed your military career, and you’re ready to start a new career -- on your own terms. Studies indicate you earned discipline and skills in the military that directly apply to franchise management. Chances are, you earned something else: a Thrift Savings Account. So why not use your own funding? As a military entrepreneur, you can use your Thrift Savings Account – or other retirement funds – to invest in a franchise, start a new venture, or infuse capital into an existing business.


In a time when business opportunities are abundant and business lending sources are scarce, this type of self-reliant funding allows you to get a fresh start – tax-deferred and without early distribution penalties -- using funds you already have in reserve. Thousands of Americans have already done so. In the process, you’ll establish a qualified retirement plan that helps you – and your new company’s employees – plan for the future. Take control of your career and your future – with your own funds.

A new report from the IFA prepared by Franchise Business Review shows over 64,000 veterans, military spouses and wounded warriors have started careers in franchising, including 4,314 new veteran franchise business owners, since 2011 through Operation Enduring Opportunity, a campaign of IFAs VetFran Strategic Initiative.

You can download a copy of the report here: 2012 Veterans in Franchising: A Progress Report.

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Great News for Veterans: SBA Extends Fee Relief for Business Loans

[fa icon="calendar'] Apr 30, 2015 12:00:00 AM / by Benetrends posted in Small Business Loans, sba, veteran business funding, military

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Ways Small-Business Owners Can Celebrate Veterans Day

[fa icon="calendar'] Dec 26, 2014 12:00:00 AM / by Benetrends posted in veteran business funding, military, business growth

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A Veterans Day Message -3 tips for Veterans interested in starting their own business

[fa icon="calendar'] Jan 12, 2014 12:00:00 AM / by Benetrends posted in franchise, veteran business funding, military

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With respect for and in recognition of the contributions our service members have made to the cause of peace and freedom around the world, the Congress has provided that November 11 of each year shall be set aside as a legal public holiday to honor our Nations Veterans. However, this year, Veterans Day is observed on Monday, November 12, 2012.

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SBA Launches Operation Boots To Business For Veterans

[fa icon="calendar'] Jan 12, 2014 12:00:00 AM / by Benetrends posted in sba, veteran business funding, military

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WASHINGTON - Transitioning service members and veterans will be able to learn how to become entrepreneurs through a U.S. Small Business Administration-sponsored pilot program, SBA Administrator Karen G. Mills told reporters here yesterday.

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Returning Vet? Consider Opening A Franchise.

[fa icon="calendar'] Jan 12, 2014 12:00:00 AM / by Benetrends posted in buying a franchise, franchise funding, veteran business funding, military

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As more and more veterans are returning home from active duty, they’re faced with the question, “What should I do with myself?” With a shaky economy and elevated unemployment rate, opening up their own franchise seems to be an attractive choice.

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Dispelling Current Myths in Franchise Funding

[fa icon="calendar'] Jan 12, 2014 12:00:00 AM / by Benetrends posted in franchise funding, veteran business funding, military

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Eric Schechterman, former director of sales at Benetrends, examines and dispels the current myths in franchise funding in the November issue of Franchising USA magazine.

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