Why do I have to write a business loan proposal?
If you are looking at the Australian government grants and loans programs for small businesses, technically you will not write a business loan proposal. What you will have to do is fill out an application and submit a business plan. You will have to indicate as to why you need the funds and what type of business you are planning on opening. If you’re an existing business you will have to declare the purpose of the loan and the need. To write a business loan proposal for Australian government grants and loans program is somewhat different than if you were seeking private funding. Seeing what the Australian government has to offer to small businesses by way of funding first though would be a wise step.
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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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