Can I get a loan instead of a grant?
An example of an AI chatbot conversation about loans versus grants.
Can I get a loan instead of a grant for my business?
Yes, you can apply for a loan instead of a grant. Loans need to be repaid, while grants do not.
What are the main differences between a loan and a grant?
Loans require repayment with interest, while grants are funds that do not need to be paid back.
Are there specific loans available for small businesses?
Yes, there are various loans specifically designed for small businesses, such as SBA loans and microloans.
How do I apply for a business loan?
You can apply for a business loan through banks, credit unions, or online lenders. You'll need to provide financial documents.
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