Is Grant-Based Financing Right for my Business?

Funding your business can feel like a risky investment. One way to mitigate the risk is to use Grant-Based Financing.

What is grant-based financing?

Let’s break it down:

What can grant-based financing be used for?

Most businesses are likely interested in grant-based financing as a fast and effective solution to use alongside government funding and grants.

Why use grant-based financing?

  • Grant-based financing is a great way to take advantage of grants that don’t give you cash upfront (note: most grants work on reimbursement). So, bridge financing is a quick way to pay for your project while you wait for reimbursement from your grant provider.
  • Another type of funding that takes quite a bit of time to secure is investor or equity funding. Say you’ve secured investors for your business, but the cash flow is taking a while and you need immediate funding — enter grant-based financing!

Why consider grant-based financing?

Grant-based financing isn’t for everyone. With interest rates and collateral, it’s not always the right choice.

How Pocketed makes grant funding accessible

At Pocketed, we believe funding should be accessible.

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Matched. Financed. Funded. 💸 Pocketed unlocks grant funding for start-ups! https://linktr.ee/pocketed

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