Grants are conditional
A grant is generally non-repayable if its conditions are met, but many grants are restricted to specific assets, groups or activities and require evidence of how money is used.
Loans must be repaid
A business loan creates a repayment obligation. Compare interest, fees, instalments and security requirements against your cash flow before signing.
Equity changes ownership
Equity investors contribute capital in exchange for ownership. That may help a growing business, but it affects control, future distributions and exit decisions.
Match the instrument to the need
A machine with a clear return on investment may suit certain equipment finance products. A prototype could suit innovation support. Funding should follow a realistic operating plan, not replace one.
Use this as practical general information, not financial or legal advice. Confirm provider terms and regulatory questions with official sources or an appropriate professional.