National Government Grants Better Than Loans
Are UK national government grants better than loans?
UK national government grants are better than loans in some respects. These may include they do not need to be paid back. They are not as good as loans for those who need money quickly, or need guaranteed funds, as grants can be time consuming to apply for, and only one person writes the winning proposal for each grant. If you need money for small business, you must know what you will spend it on, and your long term small business plans in order to apply for a grant. A loan may be quicker to apply for, as there are standardized application forms. If you want to learn more, fill out the form on our website. You may also call us on UKStartups.org, 020 3880 8554.
There are hundreds of government funding schemes available for small business owners in the UK. In fact, our Funding Database currently has over 600 government funding schemes and over 500 private investors available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your search.
Take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at starting your small business. It just takes 30 seconds and will also tell you if there may be any funding assistance available.
Be sure to look at the hundreds of daily questions and answers we have from entrepreneurs like you who want to learn more about starting a business, creating a business plan, searching for funding. Our small business experts take the time to answer each and every single question, so if you have something on your mind – we can help!
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