What are the differences between the various free national government small business grants and loans?

The obvious difference between the various national government programmes is applicants must pay back any loans they receive, while grants do not need to be paid back, although other conditions prevent them from being free. The national government offers programmes to support both loans and grants, with grants being limited more to specific uses with funding dictated by need and available monies for the grant. Loans tend to offer a little more freedom within their use, and the amounts of loans are determined by the borrower and the lender based off a combination of need plus the perceived resources and ability to pay back the loan. If you have additional questions, ring us up at 020 3880 8554 or complete and submit the provided form found at our site and we will be happy to answer them.

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!

Need funding for your business?

Learn how you can get funding for your small business in the UK. It takes 30 seconds.