Tapping Sources of Free Business Credit and Grants

There are many ways to build free business credit and to obtain financial support for you business. There are opportunities whether you are a starting up business, or established and attempting to expand. Below are a few ideas of where to start with building financial stability for your business.

Business Credit Building

There are many free business credit builder programs available, so be sure to choose the right one for you. The first thing you want to make sure of is the legitimacy of their business. Look for one affiliated with the Better Business Bureau and other agencies that maintain standards for legitimate businesses. Also, if using a credit building business over the web, be sure that they have strong security and encryption in place.

Look for a company that has a vast array of credit building programs, somebody that will advise you on both what you should be doing and what to avoid, and somebody with a proven history of credit building for others.

State Grants

Because small business growth is a proven method of increasing and stabilizing the economy, there are many state development agencies that offer grants. State facilities also have information on things like small business tax breaks, government incentive programs and other financial advice. Contacting and working with a state development agency could be the difference between a booming business and one that never begins.

U.S. Small Business Administration

The SBA offers a vast array of financial aid and opportunities. Some of these opportunities include low interest SBA loans, counseling and assistance, disaster assistance, and even free online courses to make sure you know everything you need to in order to keep your business thriving.

They also have special assistance for women, Native Americans, veterans, and other minority or disadvantaged groups. They were created 50 years ago to help stimulate economies.

Don’t miss out on all the opportunities out there for your new or expanding business. In order to truly take total control over the growth of your businesses tomorrow, take advantage of all financial advice and assistance today.