How valuable is a proposal letter when applying for a government small business loan?
The Australian government department or agency providing the small business loan you hope to acquire may require you to write a proposal letter as part of their approval process. This letter outlines your need for government financial assistance, explaining how the money will be used, why you cannot otherwise find the money, and how the money’s use will be a good investment for the Australian government.
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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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