Are government small business grants and loans preferable to private loans and grants?

The differences between government grants and government loans in the United Kingdom and normal loans and grants are significant and you need to be fully aware of these important differences if you are going to take full advantage of the government funding options available to you as a small business owner within the United Kingdom. Grants and government loans are two different, beneficial ways to help fund your small business, both with their own specific conditions and application processes. Government loans are special loans that must be paid back but can usually be repaid at very low interest rates compared to traditional bank loans. Government grants, on the other hand, are special one-off funding payments made to your small business which could assist you in a number of areas, but these grants must be used for the purposes set down by the grant’s terms. To find out more information about government loans and grants consult UKStartups.org, freephone, at 020 3880 8554 to speak with a representative or you can fill out our form via the web site.

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.

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