Does my business already have to be started to qualify for the minority startup business loans?
Your business may not necessarily have to be up and running to qualify for the minority startup business loans. What you would have to do is meet the qualifications that are allotted in respect to the minority startup business loans, in order to see if your business is going to qualify. What you would have to do is submit your application along with the business plan prior to your business starting to see if it is going to be granted or not.
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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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