Does my bank have to approve a minority business federal grants application?

The only way your bank would have to approve a minority business federal grants application is if they were authorized to issue this type of funding, and you had made an application there. The minority business federal grants programs have certain criteria and mandates that must be met. The lending institution must follow these guidelines in respect to their approval of such loans.

What could you do for your small business if you were to obtain a grant or a loan of $5,000 or $50,000 or even more from the government? Or would you be able to benefit from a private investor investing their time and money into you and your business? It is a possibility…so be sure to find out how much funding your small business may be able to obtain. Become a registered member and start your funding search.

You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.