Are low interest rate business loans a more common option than grants?

Although the United Kingdom government small business grants are usually the first choice for small businesses because it is the next best thing to free money that does not need to be repaid, they suffer from comparative rarity and more strict purposes and prerequisites. Low interest rate business loans provided by government funding sources, on the other hand, are generally far more accessible and broader in terms of what the funds may be applied to than is the case with grants. To find out more relevant to low interest rate business loans versus applying for government small business grants, contact UKStartups.org through our website’s contact form or call, freephone, 020 3880 8554.

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