“Free Business Grants” and “Government Grants to Start a New Business”. “Grant” is too general a term to describe business funding.

Business grants are offered mostly to non-profit organizations and in some cases, to for-profit businesses but only for very specific purposes.

These may include building of low-income housing projects, or creating employment opportunities in rural areas and certain community welfare related reasons.

The Government does offer very low-interest to no-interest business grant loans that may be used to start a new business, expand an existing business or acquire a new one.

Also, there are various other sources of business grant funding that are available to almost any kind of business. These sources are Venture Capital Firms, Small Business Investment Companies and Non-Traditional Business Financing Firms that can provide funding through:

• Merchant Advances
• Accounts Receivable Factoring
• Medical Factoring
• Equipment Leasing & Financing
• Commercial Mortgage Loans
• Unsecured Business Loans

Following are some types of Business Funding, that may be available to you depending upon your main business goal.

Small Business Grant Funding

For US Citizens, the SBA’s mission and responsibility to assist such ventures and to help grow the number of successful small businesses in the United States.

New business will generate jobs and taxes. This is especially important not only to the local community but to our Country as a whole.

Finding the capital you require to start your business is very tough. In today’s market place, finding the financial institution or venture capitalist to loan you the money is what keeps most small business from beginning in the first place. The largest single contributor to assisting new business start ups, is the U.S. Small Business Administration. As in buying an existing business, the applicant must contribute at least 25%-33% of the total business plan. The balance of the capital required can be financed with the loan.

You may use the proceeds for just about any business purpose, such as

• Expand or renovate facilities.
• Purchase machinery, equipment, fixtures, etc.
• Finance receivables and augment working capital.
• Hire and train employees.
• Increase inventory and much more.

The applicant must have a solid credit history and a complete business plan.

When It Comes To Start-Ups, Remember, There Are Several Basic Requirements For Qualification:

• The Borrower Should Have A Complete Detailed Business Plan, Including Projections.
• The Borrower Must Have Good, Clean Credit.
• The Borrower Must Have Experience In The Line Of Business They Wish To Start.
• The Borrower’s Cash Injection Must Be At Least 25%-33% Of The Total Project Cost.
• The Borrower Must Provide Some Collateral For The Loan Portion Of The Total project Cost.

Funds Can Be Requested For Any Of The Following Categories:

• Purchase A Building To House The Business.
• Make Building Improvements.
• Purchase Machinery And Equipment.
• Purchase Furniture And Fixtures.
• Purchase Inventory.
• Working Capital.

Repayment Terms:

The repayment terms for a start-up government loan will vary according to use of funds. Generally the maximum length of repayment of the loan is 7-10 years on most categories, with the exception of purchasing Real Estate which carries a 25 year repayment term.

Business Grant Loan Application & Securing Specialists

Grant Writers & Specialists

Business Grant Securing Specialists assist members to source untapped grants from a wide variety of sources. Some of these sources are researched and found in local states and not posted over the internet. Applying for “common knowledge grants” will often have greater competition. Grant securing specialists search for “not-well-publicized” grants and demonstrate the best way to successfully apply for these grants in writing.  This can potentially increase the chances of you receiving the grants you want. Read More >>>