Is a line of credit necessary to get a small business loan from the government?
A line of credit, be it good or bad, can be used as a measurement tool to evaluate an applicant’s money management skills when they are seeking a government small business loan. But this is not always the case because small business loan programs all have different conditions of eligibility. These qualifying conditions include far more than just the standing of the applicant’s loan of credit, including those of an entirely non-financial nature, like the loan’s intended purpose.
Get your small business funded through government grants, loans and private investor programs. To get access to our Funding Database which has hundreds of funding programs, become a member today.
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 Australian government grants have helped many small business owners around Australia and they continue to be incredibly helpful to people all the time. This …Read Full Answer
It is understandable why you would say, my government grant information is confusing. There are many small business grants and loans available by the Australian …Read Full Answer
If you are wondering how to apply for a grant for a part-time business then see what the Australian government grants and loans programs for …Read Full Answer
Getting small business grants is on the wish list of a majority of small business owners. Government grants are highly competitive but vast funds are …Read Full Answer
You may be able to qualify to obtain a small business loan or grant to pay your employees wages. The Australian government grants and loans …Read Full Answer
Similar Topics: Line of credit business loan
