Are free national government grants better for small business needs, or is a loan the best option?

A loan option may be better for small business needs than national government grants depending on the small business, and none of this money is free. If you need funds quickly a loan may be a better choice, as grants can take time to apply for, and are not guaranteed to give you the funding you need. If you want a grant, it may be helpful because the money does not need to be repaid. Grants can be more time consuming to write a proposal for, and may have more strict conditions, but can be worth it within the end. Learn more by filling out our web site’s email contact form or by calling us at 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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