Free Money Grants Vs. Small Business Loans:  Which Option is Best for You?

Being a small business owner is not the easiest way to earn a living.  But it can be gratifying.

New and established businesses go through transitions of growth and difficulty.

There are various options for funding to provide the money you need to improve your business.

It's important to understand what you are applying for and what your financial responsibilities are before you apply.

Here is the difference between free money grants and small business loans.

What are free money grants?

 Grants are money provided to businesses by an entity that you don't have to pay back.

What is a business loan?

Business loans are funding the business applies for that must be repaid with interest according to the terms set by the lender.

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