Australian national government grants are better than loans in some respects. These may include they do not need to be paid back. They are not as good as loans for those who need money quickly, or need guaranteed funds, as grants can be time consuming to apply for, and only one person writes the winning proposal for each grant. If you need money for small business, you must know what you will spend it on, and your long term small business plans in order to apply for a grant. A loan may be quicker to apply for, as there are standardized application forms.
How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With hundreds of funding programs and $1,449,415,290 in available funding, you should not wait. Register as a member today!
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.