Can I get a small business startup loan in Australia?
You potentially can get a small business startup loan in Australia as long as you meet the eligibility requirements. When applying for a loan the process is not as strict as it would be for a grant application because a lender knows they will be paid back. However, you still need to prove that you are trustworthy through your personal finances, previous job experience and you must agree to the terms and conditions. A small business startup loan can allocate your funds to a certain area within the business such as marketing or training. It is up to you to find the loan that suits your business’ needs.
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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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