Looking for funds to expand your business? There are the traditional sources, like a bank, your Aunt Sally or your savings. But did you know that federal, state and local governments offer a range of financing programs for small businesses? You may be eligible for low-interest loans, venture capital and grants.
Before you rush off to the local government office, it’s important to understand that not all businesses may qualify. Funding is only available under specific circumstances. And they may require strict compliance and documentation to be considered.
Here are some funding sources available:
Here are some resources to locate what funding sources are available and how to apply:
Expanding your business is a great thing. But funding that expansion can be challenging. Uncle Sam might be willing to help, if you have the right stuff.