Are there government loans available for business purchase?
If you are interested in purchasing a business and don’t have the funds to do so, you may be able to apply to the Australian government grants and loans programs for small business funding. The money is made available for small business endeavors for individuals that are wishing to start a business or for existing businesses as well. You would need to check out what applicable loans are available to you, to see if there are any specific government loans available for business purchase that you would be able to qualify for.
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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.
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