Asked by Anonymous
Job is being outsourced. Is there any small business loans available
The Small Business Administration is the best source of information about government resources for small businesses, including loans and grants.
Learn more about starting, managing, and financing a business.
Asked by Anonymous
when can i find a real grant i dont have to pay back and actually claim it
The government offers different types of financial assistance, including grants. You are not required to pay back a grant, but there are very few grants available to individuals. Most grants are awarded to universities, researchers, cities, states, counties, and non-profit organizations. Loans are generally the best option for individuals. You are required to pay back a loan, often with interest.
Benefits.gov can help you identify loans and sources of financial assistance for which you may be eligible and tell you how and where to apply.
Find other benefits, grants, and financial aid available from the government.
If you’re struggling to pay your student loans, the student debt repayment assistant may be able to help. Answer a few questions about your loans and ability to pay, and the assistant will help you find the best repayment option.
If you are a senior and need to supplement your income, you might be considering a reverse mortgage. A “reverse” mortgage is a loan against your home that you don’t have to pay back for as long as you live there.
When the home is sold, the lenders recover the principal, plus interest, on the loan. The remaining value of the home goes to you or your heirs.
With a reverse mortgage, you can turn the value of your home into cash without having to move or to repay a loan each month.
The Home Equity Conversion Mortgage (HECM) is the only reverse mortgage insured by the federal government. The HECM is a safe alternative resource that can provide you with greater financial security and independence.
In order to qualify for the HECM, you must:
As with all mortgages, there are costs associated with getting a HECM, including:
To learn more, check out Key Decisions About Reverse Mortgages offered by the AARP.
It’s late at night, the TV’s on and you see a commercial. It tells you that if you just buy this wonderful book, you’ll learn the secrets to get free money from the government to pay your credit card bills, renovate your home, and start a business!
It sounds so wonderful, but is it too good to be true? Yes, it’s too good to be true.
Before you shell out some of your hard earned money to learn how to get a government grant, learn the facts. The government does give away a lot of money every year in the form of grants, but most government grants go to state and local governments or nonprofit organizations that in turn use the money to administer community programs. The federal government rarely awards grants to individuals directly.
If you or someone you know is in need, the government has many assistance programs that might help - they’re just not called “grants.” There are programs to help with heating bills, or starting a business, or health insurance for children, and much more. If you’re an organization seeking a grant you should check out grants.gov, the official source to find and apply for a grant from the federal government.
