CLEARWATER, Fla. – Achieva CU has been approved by the Small Business Administration to offer Patriot Express products for service members.
The SBA Patriot Express program is designed to offer loan initiatives for members of the military community and/or veterans to launch or develop small businesses. This expedited process typically yields a turnaround time within 48 hours. Loans through the Patriot Express program feature longer terms with less cash injection.
Those eligible include veterans, service-disabled veterans, active duty service members in the Transition Assistance Program, Reservists, National Guard members, spouses, and widowed spouses of a service member or veteran. The Patriot Express loan can be used for business purposes such as start-up costs, equipment purchases, business-occupied real-estate purchases, inventory, expansion or acquisition of an existing business.
