Many government loans and grants are great for small business. However, the best options depend on your individual situation. Each loan or grant has an intended purpose and a set monetary amount it is offered for. This also goes for its own prerequisite conditions. Additionally, for loans each program has its own terms, interest rates, and repayment schedule, which must be taken into account. For any funding options it is best to consider the offers from the state and local offers as well as national offers, to be certain you do not overlook any potentially useful programs.
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.