Is a loan or grant better for small business needs in Northern Ireland?

Northern Ireland small business owners can benefit from small business grant choices or loan offers, and neither one is better in all situations. There are grants for new businesses and for existing businesses, and some for specific industries, all of which do not require repayment. Grants can be more competitive and time consuming to apply for and loans may be quicker to obtain. Loans have their own eligibility requirements and intended uses as grants do but government loans are normally better than bank loans. To learn more about funding for your business, fill out the form on our website or call 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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