PeopleVET Veteran Education & Lending

PeopleVet - Small Business Loans For VeteransGuiding Veterans from Service to Small Business.

You’ve honorably served. Let us serve you.

We currently offer special interest rates in honor of your military service. We also offer free educational curriculums designed to guide you through the transition from military training to small business ownership. PeopleVET is  an educational program specifically designed to support veteran entrepreneurs, active duty military, national guard and reserves, and military spouses. We also offer capital you need to build your business today.

Register here for the PeopleVet business education program or Click Here to Apply for a Loan.

Texas is home to 1.67 million veterans and is 2nd only to California in veteran population. Military veterans are 8.6% of Texas’ population. PeopleFund created the PeopleFund Veteran Entrepreneurs of Texas (PeopleVET) program  for the benefit of Texas veteran entrepreneurs and their spouses.

PeopleFund is the only organization in Texas with relationships and access to every resource a military entrepreneur needs to jump start a business.We have already lent over $1 million to veteran business owners. We are ready to help you reach your dreams with capital and education. The PeopleVET education curriculum offers a unique opportunity to network, learn, and grow your business.

Our Curriculum

Business Planning

A business plan tells the entrepreneur’s “story” in a simple, concise way. After reviewing the plan, the reader should understand exactly what business you are in, its legal entity, and what differentiates your business from its competitors. During this session, discover how to craft an executive summary that is a snapshot of your business plan as a whole and touches on your company profile and goals. This session will also cover how to develop a Business Owner Resume and conduct market research and industry analysis.

Budget & Projections

If you are seeking funding for your business, providing financial projections to back up your request is critical. Learn what information should be included.  This session includes creating a start-up project budget, use of fund statement and developing projections.

Profit & Loss Statements

A profit and loss statement is a projected income and expense plan. It summarizes your estimated revenue and expenses over a specified period of time. Learn how to think through questions you need to answer to arrive at accurate assumptions about your business.

Balance Sheet Statements

The balance sheet measures your business’s assets and liabilities. In this session we will discuss how to prepare a projected balance sheet for the first three years of business.

Cash Flow

Cash flow is the required cash it takes to keep your business operating on a day-to-day basis. This session will cover small business accounting, what tasks to outsource  and also provide a Quickbooks overview.

Perfecting your Pitch

The class will help the business owner identify the strengths of the business, the target audience the benefits and features that would be of value to the listening audience whether in a one-to-one scenario, a social or professional networking event or as a B2B presentation. After the class the business owner will have a developed a 30-second pitch and a 60-second pitch.

 

 

2016 Program Dates & Locations

Prairie View

Prairie View A & M University | PVAMU SBDC | Agriculture & Business Multipurpose Classroom Building | University St., Prairie View, TX 77445

  • March 1, March 8, March 15, March 22, March 29, April 5
  • June 8, June 15, June 22, June 29, July 6, July 13

*Having trouble finding the location? Call 936-261-9242 or contact us.

Dallas/Cedar Hill

Dallas Metropolitan SBDC | 207 North Cannady Drive | Cedar Hill, TX 75104

  • March 24, March 31, April 14, April 28, May 5

*Having trouble finding the location? Call 972.860.7892 or contact us.

Temple

Temple Business Training Center | 19 North Main street | Temple, TX 76501

  • May 5, May 12, May 19, May 26, June 2, June 9

*Having trouble finding the location? Call 512.220.3775 or contact us.

The Rio Grande Valley

UTRGV Veterans Business Outreach Center| Community Engagement and Student Success Building | 1407 East Freddy Gonzalez Drive | Room 1.235 | Edinburg, TX 78539

  • March 16, March 23, March 30, April 6, April 13, April 20

*Having trouble finding the location? Call 956.665.8931 or contact us.

El Paso

El Paso Small Business Development Center | El Paso Community College | ASC Building B, Suite B520 | 9050 Viscount Boulevard | El Paso, TX 79925

  • July 13, July 20, July 27, August 3, August 10, August 17

*Having trouble finding the location? Call 915.831.7743 or contact us.

Houston

Worklife Institute | 1900 St. James Place, Suite 880 Houston, TX 77056

  • July 12, July 19, July 26, August 2, August 9, August 16

Lone Star College | Lone Star SBDC | Greenpoint Center Room 306 | 250 N. Sam Houston Prkwy E Houston, TX 77060-2009

  • September 27, October 4, October 11, October 18, October 25, November 1

*Having trouble finding the location? Call 281-260-3178 or contact us.

Featured Veteran Clients

Hammons Family DentalFeatured Veteran Small Business Loan - Hammons Family Dental

Dr. Travis Hammons had just finished a 15-month tour of duty in Iraq when he came to PeopleFund for a loan. As a military dentist, he took care of our frontline soldiers and earned the Army Commendation Medal for exceptional service. As a civilian, he wanted to open his own practice, but lacked the cash on hand to fund it himself. After being turned down for a bank loan, PeopleFund was able to extend a $100,000 loan to Dr. Hammons for his now thriving practice. Together, PeopleFund and Dr. Hammons empower returning veterans to create stable careers for themselves and others.

Featured Veteran Small Business Loan - ScrubtopiaScrubtopia

Dynisha Woods is a registered nurse in Killeen, Texas, where she decided to open a scrubs and medical outfitting store. Her husband, Andrew, is currently stationed in Afghanistan. Dynisha has extensive knowledge of the Killeen medical outfitting market and chose a lease specifically for its proximity to approximately 31 doctor’s offices, rehab centers, health care clinics, schools and veterinarian’s offices. To purchase the building and customize it to fit the needs of a retail store, Dynisha and Andrew needed capital. After working with the lending team, the couple received a $63,000 loan from PeopleFund to start their business.

The Worm DoctorFeatured Veteran Small Business Loan - The Worm Doctor

Agricultural entrepreneur Monica Baietti, a military veteran, knew she wanted to spend the rest of her career educating people about the benefits of worm farming and worm by-products. After a year of crafting her business idea, she began to search for capital to purchase the worm incubators and equipment needed to realize her dream. She enrolled in PeopleFund’s PeopleVET program and improved her business plan and financial statements. With a PeopleFund loan Monica was empowered to pursue her goals to own and operate her own business, and break free from restriction to spend time solving problems that will help the environment and help people live a better life.