The Advantages of SBA Grants


The U.S. Small Business Administration is an organization that exists to help small businesses find success in their respective industries. One of the ways that the SBA helps small businesses is by helping them obtain grants, which are monetary awards that do not need to be repaid. The SBA also offers several programs designed to help businesses obtain other forms of financing.

The SBA does not actually offer any grants itself. Instead, it assists businesses in finding grants from other sources, such as state or local governments and non-profit organizations. The grants these different organizations offer to small businesses all have their own set of qualifications and requirements. For example, some grants require the business owner to match the amount of the grant with funding from other sources, while others may require the business owner to provide records that show how the grant funds were used.

The grants you find with the help of the SBA offer several advantages over other funding options. Unlike small business loans or cash advances, grants do not ever need to be repaid. In addition, they will not increase your business’s debt load, nor will they hinder you from qualifying for credit-based financing. Furthermore, you will not have to worry about falling behind on payments and harming your business’s credit score.

Finding grant funding for which your small business qualifies can be extremely difficult. By soliciting help from the SBA, you can dramatically reduce the time you spend searching for funding. If you are unable to qualify for grant funding, you can also apply for a loan from the SBA. SBA loans are easier to qualify for because they are guaranteed by the SBA. The SBA offers several different loan programs, so make sure you do your homework before you fill out an application. Interest rates may vary based on your business’s credit score and income history.

To apply for funding for your small business, use the form on the right to begin the application process

For more information, go to SBA at

The Advantages of SBA Grants was last modified: March 13th, 2012 by Amit Kraidman
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