SBA Veterans Business Outreach Center of the Year

VBOC_logoBusinessUS would like to congratulate Veterans Business Outreach Center at Gulf Coast State College, Panama City, FL for it selection as the SBA Veterans Business Outreach Center of the Year.

Read a little bit about this outstanding organization’s commitment to our Veterans:

Taken from the Small Business Week program:

To get a sense of Brent Peacock’s commitment to helping veteran small business owners, take a look at the numbers. In 2013 Brent and his team at the Gulf Coast State College Veterans Business Outreach Center (VBOC) provided small business counseling, training, finance and contracting assistance to 2,026 veterans. Of those, 174 were women 317 were service disabled veterans, and 112 were National Guard and reservists. Under Brent’s leadership since 2010, the VBOC has established an outstanding reputation for giving veterans the tools to capitalize on their already sharp skills, enabling them to build a foundation for successful entrepreneurship. Serving veterans in the Southern states, the Gulf Coast State College VBOC staff has assisted in securing nearly $6 million in capital investments for their veteran clients. Brent and the team have been instrumental in helping veteran small business owners acquire 31 prime contracts and 14 subcontracts totaling $274 million. Brent also took the lead in implementing the SBA/Syracuse University partnered “Boots to Business” entrepreneurship training program at various military installations for veterans transitioning back to civilian life and small business ownership. He also did numerous training workshops for V-WISE (Veteran Women Igniting the Spirit of Entrepreneurship), a program aimed at helping women veterans start and grow their businesses. Before becoming a business counselor, Brent taught broadcast journalism at Gulf Coast Community College and worked as a news anchor for NPR’s Morning Edition.”

 

Coingratulations, VBOC!

~ Norris Lozano, CEO of BusinessUS, a national non-bank lender specializing in lending to underserved small businesses such as those owned by US Military Veterans.

Stephanie Bitters speaking at Lending Leadership Summit, NAGGL, Atlanta

Headshot_Stephanie Bitters_BWStephanie Bitters, Managing Director of SBA Lending and Chief Credit Officer of BusinessUS, is speaking on “Delivering Capital to Underserved Communities” at the Lending Leadership Summit of the National Association of Government Guaranteed Lenders in Atlanta, February 19-20.

Bitters will be presenting “Delivering Capital to Underserved Communities” with Norris Lozano, who is CEO of BusinessUS. She has 27 years lending experience and is a longtime member of NAGGL.

Read the full press release here

Norris Lozano to speak at NAGGL Lending Leadership Summit, Atlanta

Headshot_NLozano 2_BWNorris Lozano (CEO of BusinessUS) is traveling to Atlanta February 19-20 to speak to the Lending Leadership Summit of the National Association of Government Guaranteed Lenders. NAGGL serves the needs and represents the interests of the small business lending community that utilizes SBA business loan programs.

Lozano will be presenting on “Delivering Capital to Underserved Communities” with Stephanie Bitters, Managing Director of SBA Lending & Chief Credit Officer of BusinessUS. Lozano brings over 15 years’ experience working directly with small businesses in underserved communities. He has led teams in financing projects in low-income community with a total cost of more than $1 Billion, including office, retail, manufacturing, schools, medical and arts facilities, creating thousands of FTE jobs, and generating millions in fiscal benefits to target areas.

See the full press release here

SBA Announces New Measures to Help Get Small Business Loans Into the Hands of Veterans

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On November 8th, the SBA announced new measures to help get small business loans into the hands of veterans by setting the “borrower upfront fee” to zero for all veteran loans up to $350,000 authorized under the SBA Express program.  This fee reduction will start on January 1, 2014 and continue through the end of the fiscal year.

“We’re pleased to see the SBA reducing fees on lower-dollar loans to provide US Military veterans better access small business financing,” said Norris Lozano, CEO of BusinessUS. “I’m sure I’m speaking on behalf of all lenders – and all Americans – in saying we should keep finding innovative ways to honor those men and women who have served by smoothing the transition between military and business life.”

The SBA fee reduction for veteran small business loans under $350,000 will begin January 1, 2014 and continue for the 2014 fiscal year.

SBA Kicks Off “Veterans Small Business Week”

2887_SBA_VeteransCampaign_514x200Veterans Small Business Week is an SBA initiative to reach out to veteran entrepreneurs and small business owners. “The SBA is acutely focused on making sure our nation’s veterans have the tools and capital they need to start or grow a business,” says Norris Lozano, CEO of BusinessUS, “We fully support these efforts to assist in the transition from military to civilian life, including small business lending.”

According to the U.S. Census, nearly one in 10 small businesses is veteran-owned. And, these 2.4 million veteran-owned small businesses employ almost 6,000,000 people and generate more than $1,000,000,000,000 ($1 Trillion) in receipts!

Veterans Small Business Week will be held from November 4 to 11.

If you’d like to learn about BusinessUS Veterans Programs, please visit our website, www.bizbank.us, and this page.