Transitioning from military service to entrepreneurship isn’t always a straight shot—it’s a path that takes grit, planning, and yes, some capital. Here in Richmond, our veteran entrepreneurs add valuable expertise, resilience, and passion to the business community. At Viking Funding, we’re all about empowering these entrepreneurial heroes to move beyond the uniform and into successful business ventures. Here’s a guide to making that leap and securing the funding needed to thrive in the River City.

1. Boots to Business: Building the Basics

Starting a business has its own language and structure—think of it as another kind of basic training. Fortunately, Richmond is home to a variety of veteran-focused programs like Boots to Business, which covers essentials like business planning, financial management, and navigating the lending landscape. Whether it’s the U.S. Small Business Administration (SBA) or local organizations, Richmond veterans have access to the support they need. Viking Funding always recommends these resources because a little training goes a long way (and unlike your first days in the service, no one is yelling “Drop and give me 20!”).

2. Capital Options: Every Hero Needs a Shield, and That’s Where Funding Comes In

Capital is often the first and biggest hurdle for veterans-turned-entrepreneurs, but there are many ways to secure funding here in Richmond. From traditional bank loans to specialized VA loans and small business grants, Richmond has numerous pathways to financial backing. At Viking Funding, we help veterans tap into these funds and consider other creative financing solutions, helping take the hassle out of securing capital. And if you think loan paperwork looks tough, remember the forms you filled out in basic training—this is a breeze in comparison!

3. Networking that Works: Find Your Battle Buddies

While the military emphasizes teamwork, the entrepreneurial world can feel a bit more solitary. Thankfully, Richmond offers a strong veteran-business network, with events, meetups, and organizations like the Veterans Business Outreach Center and Chamber RVA. Viking Funding always encourages veterans to leverage these opportunities to meet other business owners, share tips, and find mentorship. It’s like finding your old squad but without the camouflage—and with a lot more coffee.

4. Mentorship Programs: Because No One Goes It Alone

Richmond is rich in veteran mentorship programs, where experienced entrepreneurs help guide new business owners. Programs like SCORE and veteran-specific coaching provide one-on-one mentorship, covering everything from growth strategies to industry insights. Viking Funding is a big advocate of the “buddy system” for entrepreneurs—it’s the entrepreneurial version of having your wingman. After all, in business, as in the service, it pays to have a little backup.

5. Community Support: Rallying Richmond for Veteran-Owned Businesses

The Richmond community is all about supporting its veterans. From special shopping events to local partnerships, there’s plenty of local support for veteran-owned businesses. Viking Funding loves seeing Richmonders rally around these heroes, creating a thriving market for veteran entrepreneurs and their services. Community support isn’t just patriotic—it’s good for the local economy, too. Remember, every coffee, car repair, or meal you buy from a veteran-owned business is an investment back into Richmond.

So, are you a Richmond-based veteran ready to power up your business venture? Viking Funding is here to help you navigate the world of small business financing. Give us a call at (754) 240-8620, and let’s explore how we can fuel your journey from service to success.