Step 1 Conduct an internet search for government-backed small business loan programmes in your local area and select one to investigate in detail. Step 2 From your investigation, answer the following questions: What is required to apply in terms of eligibility? What information is required on the application? What documentation is required? How would you describe the level of difficulty in terms of time and effort to apply for these loans? What are the advantages of applying for these loans as opposed to applying for a commercial bank loan? Do you think the eligibility criteria is too narrow? Why or why not? Step 3 Following your reading/viewing/research on the preceding topic, local small business loan programmes, please take time to post a short summary of the small business loan program you investigated in your local area. Be sure to describe what it is and give some context about your local area. Then describe who is eligible and any other requirements to apply such as what the money must be used for and terms for paying it back. Lastly, give your opinion about how easy or difficult you think it would be to apply for this loan and whether it would be worth the effort. the question should be answered step by step . step 2 has 6 questions which should be answered and labelled accordingly.
