Your wish is granted
The SBA does more than approve lending practices, it also offers grants to small business owners. The criteria for which businesses fit these grants can often be exclusive to only a few, but it’s worth every business owner’s time to see whether or not they qualify. Otherwise, you’re turning the potential for free money.
Granted, that money also often comes with stipulations on how you’re able to spend it. But any costs you’re able to cut in one area means savings and thus more money you can spend without any strings attached. The SBA isn’t the only source of grants and there may be more local, regional, and state options, both state-sponsored and privately arranged, worth checking out.
It’s more than possible to achieve your dream of funding the business without turning to the banks and without getting a terrible deal. The tips above outline your options, now it’s time to do the research.