Small Business Funding for Veterans
Veteran business owners in all industries can strengthen their success and outpace their competition with up to $500,000 in funding from Greenbox Capital® in as little as 24 hours.
Fast, Easy Small Business Funding for Veterans
There are many resources available to help veteran-owned businesses in Canada succeed, including government support, grant programs, and special financing programs. Veteran-owned businesses may be able to get the funding they need from other sources, but the application process can take months, and there’s no guarantee of approval. Opportunities to grow and expand can quickly disappear while you wait.
With a simpler application, faster turnaround, and flexible approval requirements, Greenbox Capital can fund more veteran-owned small businesses in as little as one business day. We offer a variety of small business funding options for veterans, from as little as $3,000 up to $500,000. We fund all industries, including construction businesses, retail businesses, law firms, medical practices, business services, retailers, manufacturers, and more.
How To Use Small Business Loans for Veterans
There are no restrictions on how you can use alternative small business funding for veterans. Veteran-owned small business funding is most ideal for supporting growth initiatives that will increase your business’s revenue, such as:
- Hiring staff so you can expand services and take on more business
- Purchasing new equipment or technology
- Renovating or remodeling your space to offer a more comfortable environment
- Expanding your business or acquiring another business
- Building a new website or expanding your existing online presence
- Purchasing raw materials or inventory in bulk at lower prices
- Investing in continuing education and training
- Energizing your marketing and advertising to bring in more business
Alternative small business funding can also help you meet the unique challenges of your field, such as:
- Meeting changing client and customer needs
- Standing out from competition in your niche
- High cost of equipment or raw materials
- Skilled labour shortages and employee turnover
- High cost of repairing appliances or equipment
How Small Business Loans for Veterans Work
Gather 3 months of bank statements and other records. For faster approval, grant us secure access to your bank account’s transactional data.
A Funding Advisor will reach out to you within 1 hour (during regular business hours) to complete your application & discuss your funding options.
Once you and your Funding Advisor determine what funding option works for your business, your funds can be approved and deposited within 24 hours.
Payments will be automatically deducted from your business’s daily or weekly debit and credit card sales. Payment amounts will be based on your sales.
Will You Qualify for Veteran Small Business Funding?
Exact qualification requirements depend on the type of funding you are seeking. Approval for small business funding from Greenbox Capital isn’t based solely on your credit score or financial history. Instead, we focus on the overall health of your business, including:
- Business revenue
- Cash flow
- Vendor payment history
- Years in business
- Public records
Veteran-Owned Business Funding Q&A
How do I get certified as a veteran-owned small business?
Veteran-owned businesses typically do not need to register with a governing body, unless they intend to work with government agencies or other buying organizations and are seeking additional benefits and incentives for these purposes. To certified as a veteran-owned business, your business must be certified as a Diverse Supplier by the Inclusive Workplace and Supply Council of Canada. IWSCC will verify that your business has at least 51% or more ownership, management, control, and independence by a veteran or disabled person. Learn more at iwscc.ca.
What is the Veteran and Family Well-Being Fund?
The Veteran and Family Well-Being Fund awards grants program facilitated by Veterans Affairs Canada to improve teh well-being of Canadian veterans and their families. The Fund offers Grants up to $500,000 per fiscal year, for a maximum of three years. Learn more.
What do I need to do to qualify for a small business loan?
We have a very simple application process, with same day funding available. To get started, fill out our one-page application form or speak with a Funding Advisor.