Entrepreneurs can access Government Loans
Getting finance for a business may not always be possible through an investor or bank loans. Entrepreneurs unable to get credit from the bank often need to seek another source of capital for their business expansion needs.
With both federal and local governments providing loan programs with low/no interest and long repayment terms, it may be your best avenue of funding. Knowing which ones are being offered to your particular industry is imperative as Government loan programs will vary depending on growing needs, location and type of business you operate.
Government business lending up to ten million dollars
Australian government loan programs can give entrepreneurs the best financial options available. Federal and state government offer loans that can save you a lot of money in interest repayments while still giving you the ability to borrow funds from a few thousand dollars up to $10 million.
In Australia, with small business loans offered through various government departments you need to apply to the right one in order to access these funds. Government business loan programs allocated through federal and state governments will also give you different borrowing potential in order to startup or finance existing business concerns.
What can government business financing be used for?
You could apply for several loans or choose a small business grant depending on your business structure and needs. Government business financing can be used to purchase equipment, machinery, lease, commercial development, R&D, innovation, relocation plus so much more.
Applying for government business funding doesn’t have to be a one off thing
If you want to apply for a loan for business purposes, government funding is the perfect place to begin looking with lending resources allowing businesses to apply as many times as they like as business grows and financial needs change.
Call Us on 02 61835040 to find, qualify and apply for small business funding today!
Government business funding has strict closing deadlines!