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Many of the veterans who have returned from Iraq and Afghanistan have started companies, and many have decided to open franchises, said Rich Bradshaw, the head of SBA lending at TD Bank, one of the agency's lending partners. He said most of the franchise loans that TD Bank expects to make under the new program will be under $150,000. The ongoing reduction of troops in Afghanistan, which follows the withdrawal of troops in Iraq, is expected to increase demand for business loans from veterans, Bradshaw said. The SBA's website has a section aimed at veterans who are business owners or planning to start businesses. It's www.sba.gov/veterans.
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