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.
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The Queensland and Australian Capital Territory government may provide start up small business loan opportunities available, and additional choices are also provided to eligible applicants …Read Full Answer