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Black Business Grants (or Minority Business grants) are monetary aids; They are not loans. As long as the amount is lawful and you meet the requirements, the money is yours to keep and never needs to be repaid. This grant money is non-taxable and interest-free! These grants do not require credit checks, collateral, security deposits or co-signers, you can apply even if you have a declared bankruptcy or have bad credit. You, as a tax payer and U.S. citizen, are entitled to apply for this money. The U.S. Government understands small business is essential to a vibrant economy. Business grants are available to start a new business or expand an existing one, equipment financing, acquisition of a new or existing business, rent, salaries, office expenses, overhead. There are also many programs available to help women start and operate their own businesses. Remember, this is free money that never has to be repaid. You can also use this money to pay yourself a salary as you start your new business.
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