Former U.S. military service members and their spouses may qualify for a 10.99% interest rate on loans of any size through the end of 2026.*
The offer at a glanceYour rate: 10.99%* |
| If you’re a veteran and you own a small business, you can get a 10.99% interest rate on most DreamSpring loans through Dec. 31, 2026. |
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DreamSpring is a nonprofit community lender that has exclusively served small businesses since 1994. As a Community Development Financial Institution (CDFI) certified by the U.S. Department of the Treasury, our mission is to be your partner in financing and financial education — so that you can vitalize your community through entrepreneurship.
We are proud to lend to veteran and military spouse entrepreneurs, including through our work as a founding member of the Veteran Loan Fund for veteran-owned businesses. DreamSpring is ranked among the top five microlenders in the U.S. and has earned 4-star ratings from Charity Navigator every year since 2012.
When you apply for a DreamSpring loan, you’ll work with a courteous and knowledgeable lender who will answer your questions promptly and talk you through each step. There is no effect to your credit score to apply and see what you qualify for.
You can apply if you’re a veteran or military spouse with a business in one of these states: Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Iowa, Kansas, Louisiana, Michigan, Mississippi, Missouri, Nebraska, Nevada, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Washington, and Wyoming.
You’ll also need to meet the standard requirements for the loan you choose.
This 10.99% rate is available for qualified applicants when their application is submitted by Dec. 31, 2026. Products include a Small Business Loan, a Business Line of Credit, or a Startup Business Loan. The rate doesn’t apply to commercial real estate loans or to products that already have a lower rate (such as those for borrowers in the Kansas City area).
Not sure which loan fits your business? Learn more about our loan types on the Application Readiness Page.
Gather the standard documents for your loan and add a copy of your DD214. If you can’t find your DD214, you can request a copy online from the National Archives.
Choose the loan that fits your business needs.
Gather your documents, including your DD214.
Apply online by Dec. 31, 2026.
A DreamSpring lender will answer any questions promptly, and finding out what you qualify for won’t affect your credit score.
How long do I have to apply?
This 10.99% rate is available for qualified applicants when their application is submitted by Dec. 31, 2026.
What’s a DD214?
Your DD214 is your Certificate of Release or Discharge from Active Duty. It’s the standard document that shows your military service.
Does my business count as veteran-owned?
Your business qualifies if one or more veterans own at least 51% of it. Through Dec. 31, 2026, we’re also offering this rate to military spouses who own small businesses.
I’ve been turned down for a loan before. Should I still apply?
Yes. We work with many business owners who were turned down by a bank, and we look at your whole business when we review your application.
Can I talk to someone before I apply?
Yes. Fill out the form below, and one of our lenders will get in touch with you promptly.
Tell us a little about your business, and we’ll connect you with a DreamSpring lender in your area.
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*All loan offers and qualifications require credit approval and are subject to change with or without notice.
As an Air Force veteran, Dave Jesurun is no stranger to hard work, discipline, and creative problem-solving. They’re also the same skills he relies on every day in his family’s commercial aviation business, High Country Air Service. With a suite of services for private aircraft owners, a plane under High Country’s care is always ready for takeoff, no matter the challenge.
“Whenever I hit a roadblock, I tell myself: This isn’t as hard as spending 24 years in the military or graduating from the Air Force Academy,” Dave says. For him, staying resourceful is just as important as coming prepared. That philosophy is shared by his wife and kids, who have roles in the business. It’s a symbiotic relationship, Dave says, where everybody brings their strengths to the table.
But two years after launching, the family business was grounded due to the pandemic. Dave thought back to a veterans’ small business conference he attended a few years prior. A DreamSpring loan officer delivered a presentation on Community Development Financial Institutions (CDFIs) there. “My mind immediately went to, ‘I bet a CDFI can help me out.’”
Dave went on to secure two Paycheck Protection Program (PPP) loans from DreamSpring, which kept his business aloft in 2020 and 2021. “I didn’t even know I could have spelled CDFI seven years ago,” he says, “but now I’m like a little walking billboard for CDFIs.”
When Dave decided to expand the business to offer chartered flights, the Federal Aviation Administration (FAA) presented a whole new set of challenges. It took seven years of navigating complex certification requirements before he was finally able to offer charter services to the public.
Even after securing his air carrier certificate, keeping the business running and growing required its own special fuel — capital.
Dave remembered CDFIs and DreamSpring again in 2024. A Small Business Administration (SBA) loan from DreamSpring allowed him to quickly get back up to speed and expand operations after the certification process. Now with the runway they need to grow, Dave and his family can focus on taking High Country Air Service, and their customers, to new heights.
Read Dave’s full client story.
For more small business resources, visit the DreamSpring Business Resource Library.