By offering government loans for new small business opportunities, the Australian government works to encourage economic growth and fight the current economic crisis by shoring up the foundation of the nation’s businesses. However, even an application that looks good on paper is not certain of obtaining government loans for a new small business. As such, applicants in Australia are encouraged to apply for more than one program they are eligible for in order to increase the chances of success.
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.