Whether or not a small business commercial loan is better or worse than a small business government loan depends upon the particular situation and circumstances of a specific small business owner. For small business owners who are not going to be able to get a small business commercial loan in the first place, clearly a government business loan is going to be the better option (if they can then qualify for the latter.) However, if you are turned down for all Australia Government business loans, a small business commercial loan would be the better option. Ultimately, whether a small business commercial loan or Australia Government business loan is going to be right for you will be determined by the various elements of your business. Who you are, what your small business does, where it is located, and the like.
How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With hundreds of funding programs and $1,449,415,290 in available funding, you should not wait. Register as 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.