The needs of the small businesses applying for Australia government funding will indicate what is best for their needs: grant programs or loans. Keep in mind that all financial assistance programs for small businesses such as grants have their own eligibility requirements and intended uses, and loans also have their own interest rates, terms and repayment schedules. So, small businesses applying for Australia government grants will need to keep these factors in mind.
You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.