Qld Small business owners can apply for a loan or grant
QLD state government business loans and grants programs are in place to help you start up or increase operating possibilities. Entrepreneurs are encouraged to apply for funding currently in place to provide extra assistance to the growing demands and needs of small business owners within the state.
As government grants offer small business money that is free, we are often asked what the difference is between new business grants and loans programs to those offered to established business owners.
Existing, new or start-Up businesses have lending options available to them through Australian federal and QLD government offices, with both options giving you help during the early stages of business development or for ongoing assistance needed as you grow.
QLD government small business funding offers great incentives
Small business funds offered in Qld can range from a little to a lot depending on the grants and/or loan programs you choose to apply for. Both options are designed to help you improve operations, remain competitive, or increase your exposure.
The difference between the two is that grants are normally capped at a maximum $500,000 and although non repayable, if you need more money than this then you will more than likely need to apply for a loan as well to top up the balance of the funding needed.
So the difference is one you won’t have to repay and other you will, but with very little interest as small business government loans can offer funding anywhere up to $1 Million.
government business funding has strict closing deadlines
Applying for Qld Business Grants
When applying for grants or loans programs in Qld you should know that they are obtainable through various government offices generally starting from a state to federal government level.
Applications need to be made to the correct office giving the money, as there hundreds of them throughout Australia all offering various amounts.
It’s important that you know exactly how much you can apply for as there may be several options suitable for your business needs and knowing this means you won’t miss out of any of the money your eligible for.
See grant recipients in Qld or call our office and speak with a grants expert to see how you could go about getting the best financial aid for your business today.
Call Us on 1800 785 972 or Email to Find Out How You Can Qualify & Apply for Small Business Funding Today!