Some government loans are offered for new business in Australia. However, generally there are larger numbers of programs that are intended for existing businesses. There are business loans that can help with advertising costs, hiring or training employees, buying machinery, purchasing equipment, renovating, and more. If you have an idea of what you need to use the funding for and how much you need, start your search based on the intended uses of the loans and their eligibility requirements.
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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.
The Queensland government provides grant programs entrepreneurs may benefit for with regards to a wide range of purposes, including researching new products, penetrating new markets, …Read Full Answer