Funding FAQ
Clear answers before a funding decision.
These national questions explain how grants, tax credits, loans, lender requirements, and the Asgard advisory process fit together. They are practical starting points, not tax, legal, or lending advice.
National questions
Start with the question that is holding up the next decision.
Program availability, tax treatment, and financing terms depend on the applicable rules and facts. Follow the detailed pages for the funding route most relevant to the business.
What is the difference between a grant, a tax credit, and a loan?
A grant or incentive can be non dilutive support subject to a program’s specific terms. A tax credit may reduce a qualifying tax obligation under applicable rules. A loan is repayable financing that remains subject to lender underwriting and approval. Each source has different timing, documentation, and conditions.
Do small and medium sized businesses qualify for grants?
Some businesses may qualify when their project, location, ownership, industry, size, and planned use of funds match an active program. A grant is not automatic. The controlling funding notice and administering agency determine eligibility and timing.
What is a funding readiness review?
It is a structured review of the business goal, use of funds, financial position, project timing, operating cycle, available documents, and potential grant or incentive angles before a lender or program application is pursued.
Can grants and financing be used together?
They can sometimes be considered in one capital plan. A grant or incentive may change the size or timing of a financing need, while lenders and programs apply their own rules. The interaction must be reviewed for the specific company and transaction.
What does a lender ready funding package include?
The package usually starts with a clearly defined use of funds and may include financial statements, tax returns, debt details, accounts receivable information, forecasts, ownership information, collateral detail, and the business case for repayment. Requirements vary by lender and transaction.
Does Asgard USA lend money directly?
No. Asgard USA is an advisory firm. Financing is arranged only with appropriate lenders and remains subject to their underwriting, documentation, and approval process.
How does an SBA loan differ from a conventional business loan?
SBA programs support lending through participating lenders and program partners. The business still needs to meet applicable SBA and lender requirements, repay the financing, and complete the lender’s underwriting process. The suitable program depends on the use of funds and facts of the business.
Can a business claim a U.S. research credit for any innovation work?
No. Research credit eligibility is fact specific. It depends on the work performed, costs, records, tax position, and current federal and state rules. A qualified U.S. tax professional should review the facts and filing approach.
When should we start looking for grants or incentives?
Start before an eligible project begins or a major cost is committed. Many programs have application, approval, cost share, registration, and performance requirements that can affect whether a project can be considered.
What information should I bring to an eligibility conversation?
Bring the business objective, timing, amount needed, location, ownership context, current revenue, financial documents available, planned project costs, and decision maker access. More precise facts make it easier to identify which funding route may be worth further review.
Related paths
Find the page behind the question.
Funding, engineered
A clearer answer starts with the facts of the company and the project.
Start with a no cost eligibility conversation and a clearer view of what may fit.