| If youve been watching those late night infomercials, | | | | available to people with small business ideas in need of |
| you may be convinced that the US government is | | | | start up finance. |
| giving away Free Money to just about anybody who | | | | Application |
| needs some. Your savings and even your home may | | | | A firm seeking small business grants is required to |
| be at risk if your business fails, so the thought of a | | | | submit an appropriate application form. The application |
| free government grant to start your business is very | | | | is then processed by the financial institution giving grant. |
| tempting. Grants are given by an organization or local | | | | It's not as easy as filling out an application and you get |
| government officers to a business in line with their | | | | a check in the mail. Where capital grants or substantial |
| particular projects success. | | | | grants for research and development are concerned, |
| In return, you have to pay a 2% of your outstanding | | | | and some others, the application procedure and forms |
| loan each year to the business service sector of the | | | | are complex. It is thus difficult for outsiders to know or |
| government who helped you acquire the loan. Small | | | | understand exactly what points would favour their |
| business loans are now available from a wide range | | | | application as opposed to those which would condemn |
| of sources both government and private. Different | | | | it. |
| kinds of government small business loans are now | | | | |