Unfortunately, it would appear that the new year will see fewer small business government loans designed specifically for start up purposes than have previously been seen. Although there are many reasons why, the primary reason would be the continuing global economic situation. This means the government is shifting more of its funding to aid established small businesses (or small businesses in general) and cutting back on the risk of helping untested, new start up small business ventures with loans.
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In the past, Australian national government loans have helped many qualified entrepreneurs, and some of those loans had particularly favourable repayment terms, especially when compared …Read Full Answer
The Australian government has introduced a number of economic stimulus initiatives since the economic crisis began. This includes implementing new government loans for small business …Read Full Answer