How often will a bank give small businesses grants to help pay for their needs?
A bank is incredibly unlikely to give grants to small businesses because there is no money to be made in them, unlike with loans which offer money for small businesses to use at the expense of interest. As such, a bank has no give to give away money to small businesses when they can offer loans, collect interest, and subsequently reap a profit from the money lent to these small businesses. Grants, on the other hand, are more in the domain of the various government small business funding agencies. So, anyone hoping to benefit from a grant program should certainly look in that direction.
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Similar Topics: Bank Grants For Small Businesses