Choices Federal Credit Union was nervous but interested about offering a microenterprise loan program at the suggestion of a local foundation.
The Filene Research Institute and SaveUp have joined forces and are looking for a few good credit unions.
As the SBA marks the recent renewal of its Patriot Express initiative for three more years, credit unions have helped grow the program by providing loans to the military community.
Credit unions and other lenders have helped the SBA's Patriot Express loan program reach the $500 million mark.
Nearly $500 million in the SBA's Patriot Express loans have been approved by credit unions and other lenders to help military veterans, reservists and their spouses start and expand their businesses.