Is there government funding for new small business owners?
New small business owners can get government funding by way of loans and grants for their wants. There are many types of funding programs that can help get businesses up and running smoothly. These may include ones that can help with machinery purchases, hiring employees, and improving business locations. The programs all have their own eligibility qualifications, and the loans have their own terms for repayment, as well as interest rates. So, think about the details closely before applying. Should a suitable program elude you at the national tier, think about a state or local funding opportunity available to applicants at your location.
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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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