_Thanks to a $20,000 grant to the VWEC from American First National Bank and a generous $80,000 match by PeopleFund, we have launched a $100,000 loan fund to support this underserved population. _
To this end, the VWEC will be engaging women veteran and female military spouse owned businesses to identify those with immediate growth potential to take advantage of this fund.
Women veteran and female military spouses interested in applying to the VWEC BGAC Loan Fund must participant in⠀3 Key activities:
1.⠀Connect⠀with the Veteran Women’s Enterprise Center;
2.⠀Complete⠀VWEC’s Mandatory Pre-Screening and Business Financial Training; and
3.⠀Secure a Referral⠀to submit a complete an online BGAC Application
Both VWEC and PeopleFund believe the partnership will benefit small business owners who are women veteran and female military spouse entrepreneurs by increasing access to low-interest rate loan options; resulting in increased business growth and affordable access to capital, while stimulating economic development in the region.
• Loans ranging from $2,500-$10,000
• No collateral required to apply
• No minimum credit score
• Fixed interest rate of 3%
• 12 months maximum
B.U.I.L.D. is here to help entrepreneurs find the resources they need to build startups, small businesses, and nonprofits in Dallas.
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