Are there differences between UK government small business loans and grants?

Despite government loans and grants being two of the most popular forms of small business financing in UK, they do have some notable differences. Grants are often considered free money because, as long as you are approved for them, you do not have to pay them back. They do have specific conditions and terms for approval, however. Loans generally allow for more discretion within the spending of the funds if you are approved, but must be paid back with interest. It is possible to qualify for both loans and grants, and we provide a number of resources to help you find the best funding options for you. Get in touch with us by phone at 020 3880 8554 or fill out our information request form on our 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.

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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