There are ample opportunities to secure start up business loans for minorities because such entrepreneurs are increasing in number often in Australian business. The Australian national government recognizes the opportunity that exists for minorities in the business world to become successful entrepreneurs and has thus established small business loans and grants specifically for minority groups. These loans mean a minority member want not go to a bank or finance company which may charge high interest rates or present criteria that are problematic to meet.
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Many business owners in Australia are able to apply for special government funding arrangements for their businesses, including government grants. Government grants for small business …Read Full Answer