Austin, November 26, 2025
The Veteran Loan Fund has exceeded $100 million in loans to veteran-owned small businesses since its establishment, marking a significant achievement in supporting veteran entrepreneurs. Following this milestone, the fund is launching a new $15 million funding round aimed at assisting an additional 300 veteran-owned businesses in 2026. This initiative highlights the positive impact of dedicated funding on job creation and economic growth in underserved communities, showcasing the importance of accessible financial resources for veteran entrepreneurs.
Veteran Loan Fund Hits $100 Million, Launches New Funding Round
Austin, Texas, celebrates a significant achievement as the Veteran Loan Fund surpasses $100 million in loans for veteran-owned small businesses.
AUSTIN, Texas, Nov. 25, 2025 – The Veteran Loan Fund (VLF) has reached a remarkable milestone, surpassing $100 million in small business loans dedicated to veterans and military spouses since its establishment in 2021. This achievement highlights not only the fund’s commitment to supporting veteran entrepreneurs nationwide but also showcases the potential for small businesses to thrive when given access to capital and resources.
The success of the VLF exemplifies the indomitable spirit of local entrepreneurs, demonstrating how determined individuals can overcome challenges and create economic opportunities. As the fund continues to respond to increasing demand from veteran-owned businesses, it also calls attention to the importance of maintaining an environment conducive to business growth—where innovation flourishes and regulatory burdens are minimized.
Milestone Achievements: By the Numbers
Since its inception, the VLF has issued loans to more than 1,350 veteran-owned businesses, which have collectively led to the creation or retention of over 7,500 jobs across the nation. This achievement underscores the significant impact that dedicated funding can have on job creation and economic stability, especially within underserved communities.
Third Funding Round to Support More Veterans
In response to ongoing interest, the VLF is launching its third $15 million funding round, aimed at supporting an additional 300 veteran-owned small businesses in 2026. This initiative reinforces the fund’s mission to deepen its impact by connecting even more veterans with the financial resources they need to launch or scale their businesses effectively.
Accessible Resources for Veteran Entrepreneurs
Veterans and military spouses seeking assistance can take advantage of VLF’s online platform. This resource-rich platform not only offers a custom-built online assessment tool to help applicants identify suitable financing options but also connects them with community development financial institutions (CDFIs) and national education partners equipped to provide technical support.
Strong Partnerships Fuel Success
The progress of the VLF is bolstered by powerful partnerships with a host of major financial institutions, including Bank of America, JPMorgan Chase, Wells Fargo, and others. These collaborations have been pivotal in enabling the VLF to surpass the $100 million milestone and demonstrate a strong commitment to supporting veteran entrepreneurship through responsible lending practices.
A Collaborative Effort for Economic Growth
The Veteran Loan Fund represents a collaborative effort among a national group of CDFIs and education partners. Together, they aim to help underserved veterans and military spouses not only secure financial aid but also to share best practices in business development. This cooperation exemplifies how community involvement and private investment can enhance local economies and empower aspiring entrepreneurs.
Looking Ahead: Support for Local Business Development
As the Veteran Loan Fund continues to expand its impact, it’s essential for local communities to engage and support small business initiatives. By fostering networks that facilitate access to capital and offering mentorship opportunities, Austin can cultivate an ecosystem that bolsters economic growth and celebrates the entrepreneurial achievements of our veterans.
For more information regarding the resources available through the Veteran Loan Fund or to apply for assistance, visit their website.
Key Takeaways
- VLF has surpassed $100 million in loans to veteran-owned businesses.
- Over 1,350 loans have created or retained more than 7,500 jobs.
- A third $15 million funding round will support an additional 300 businesses.
- The platform offers tailored resources for veterans and military spouses.
- Strong partnerships with financial institutions enhance VLF’s impact.
Call to Action
Support the local economy by advocating for and investing in our veteran entrepreneurs. Their success is a testament to resilience and potential, and it reflects the broader promise of Austin’s economic landscape.
FAQ Section
What is the Veteran Loan Fund (VLF)?
The Veteran Loan Fund is a national initiative aimed at providing capital to veteran-owned businesses and military spouses.
How much has the VLF loaned to veterans since its inception?
Since its establishment in 2021, the VLF has surpassed $100 million in small business loans dedicated to veterans and military spouses.
How many businesses have been supported by the VLF?
The VLF has provided loans to over 1,350 veteran-owned businesses, resulting in the creation or retention of more than 7,500 jobs nationwide.
What resources does the VLF provide to veterans?
Veterans and military spouses can access tailored resources through VLF’s online platform, including a custom-built online assessment to connect with appropriate financing options.
Who are some of the partners that support the VLF?
The VLF has partnered with major financial institutions such as Bank of America, JPMorgan Chase, Wells Fargo, and more to facilitate its lending initiatives.
| Feature | Details |
|---|---|
| Total Loans Issued | Surpassed $100 million |
| Businesses Supported | 1,350 veteran-owned businesses |
| Jobs Created/Retained | More than 7,500 jobs |
| New Funding Round | $15 million for 300 additional businesses |
| Access to Resources | Online platform with tailored support |
Deeper Dive: News & Info About This Topic
HERE Resources
Texas Small Businesses Get a Boost with New Grant Opportunities
Top MBA Programs for Entrepreneurship Highlighted
Arlington, Texas: A Hub for Small Business Innovation
Author: STAFF HERE AUSTIN WRITER
The AUSTIN STAFF WRITER represents the experienced team at HEREAustinTX.com, your go-to source for actionable local news and information in Austin, Travis County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as SXSW, Austin City Limits Music Festival, Formula 1 United States Grand Prix, and the Austin Film Festival. Our coverage extends to key organizations like the Greater Austin Chamber of Commerce and Visit Austin, plus leading businesses in technology, automotive, and retail that power the local economy such as Dell Technologies, Tesla, and Apple. As part of the broader HERE network, including HERECollegeStation.com, HEREDallas.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
