Are government loans or grants better for opening a small business in Australia?
There are many small business grants and loans available in Australia, but whether any will apply to your needs will depend partly on what type of small business you are opening and what types of funding you may qualify for. Some groups such as immigrants and female small business owners may have grants tailored towards helping them open a small business. It is possible that you may qualify for a grant or a special loan design to bring small business to Australia. Government loans have to be paid back to the government, whereas grants do not. However, grants are only doled out for very specific purposes.
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