Find Student Loan Consolidation

1. chizza Says:
   August 5th, 2008 at 11:12 pm

   I think you might be on to something. Look into it more and you’ll probably get a better idea on the subject.

2. petbadbreath.com Says:
   August 6th, 2008 at 4:57 am

   Try contacting your local Small Business office. They have information on loan programs for business ventures and I’m sure could point you in the right direction. My personal opinion is that they would provide an honest and unbiased answer. Some other web sites or companies may try to steer you toward THEIR program only and only see dollar signs when they talk to you.

   Good Luck!

3. imisidro Says:
   August 9th, 2008 at 10:29 am

   You stand a greater chance of getting a government-guaranteed loan through the Small Business Administration than a government grant. Read the SBA Financing page to learn about criteria needed for borrowing

   It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. And yes, grants mean PAPERWORK - lots and lots of it, that is why a cottage industry of grant writers was born.

   Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) and Grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

   Even SBA does NOT give out grants. From the SBA website

   “The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments.”

   Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business — THERE’S NONE.

   Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

   Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs

   I suggest you read the following books to get ideas of how to finance your business:

   Financing Your Small Business
   Small Business Financing: How and Where To Get It
   Financing the Small Business: A Complete Guide to Obtaining Bank Loans and All Other Types of Financing
   The SBA Loan Book
   Angel Capital : How to Raise Early-Stage Private Equity Financing
   Financing Your Small Business (Barron’s Business Library Series)

   For private grants, you may want to check the Foundation Center’s Foundation Grants for Individuals Online . It’s a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for “students, artists, academic researchers, libraries and financial aid offices.” Entrepreneurs are apparently not one of them, so I take it they also don’t have listings of private foundations who give grants to would-be entrepreneurs.

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