Are small business government grants, loans, or another type of funding better than the rest?

Although one of small business grants, loans, or another type of funding may be preferable, generally speaking, what is best for any given small business owner is subjective due to the varying circumstances between ventures. Loans and grants have their own intended uses and eligibility conditions for each offer, and loans have their own terms such as interest rates and repayment schedules. The benefit of grants is that they do not need to be paid back, but the downside is that less people are awarded grants and they are more difficult and time consuming to apply for. Learn more about small business grants, loans, and other financial assistance types by calling UKStartups.org at 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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