GSDC VetLoan Advantage Program

Through this program, discounts and rebates are available.

For all SBA 504 loans to businesses with veteran ownership of 51% or more, Granite State Development will reduce the processing fee from 1.5% to 1.0% and pay 100% of the Third Party Lender fee up to $5,000.

The 504 Loan Program provides up to 90% financing for purchasing owner-user commercial/industrial real estate.  In addition to a low down payment (typically 10%), borrowers can take advantage of long-term fixed rates.  We are licensed to finance projects in New Hampshire, Massachusetts, Maine and Vermont.

Note:  When applying for the VetLoan Advantage Program, we will need a copy of your DD214 Certificate of Release or Discharge From Active Duty – the report of separation form issued when leaving the military.  For further information, go to Military Status and Verification.  There is a $37 fee charge per name.