Small business loans and grants?
Tuesday, September 7th, 2010 at
11:15 pm
Does anyone have any info on how to acquire small business grants? Loans are not that difficult to find, but the grants are. I hear the government has a ton, but I’m having trouble finding them..Please help!! Thanks
Tagged with: Business • grants • loans • Small
Filed under: Small Business Loans
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TO THE BEST OF MY KNOWLEDGE,UNLESS YOU ARE INVOLVED IN R&D THERE ARE NO BUSINESS GRANTS
The government has NO grants for private business. You can look for yourself, grants.gov, but tax payers do not set each other up for business.
The government does have loans available though, sba.gov
There are no grants for a for profit business unless you are opening a daycare. If you need money, you will need to apply for a loan. No lender will talk to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for sample business plans and instructions on how to write a business plan.
Then, go to http://www.score.org/ and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.
SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).
SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.