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    shment; the details of the borrowers business; and the nature and amount of security offered.

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    Working capital grants by commercial banks represent the most important source for financing current assets. A firm seeking small business grants is required to submit an appropriate application form. There are different types of application forms for different categories of grants. The information furnished in the application covers, inter alia, the following: the name and address of the borrower and his establishment; the details of the borrowers business; and the nature and amount of security offered.

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    ets. A firm seeking small business grants is required to submit an appropriate application form. There are different types of application forms for different categories of grants. The information furnished in the application covers, inter alia, the following: the name and address of the borrower and his establishment; the details of the borrowers business; and the nature and amount of security offered.

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    re different types of application forms for different categories of grants. The information furnished in the application covers, inter alia, the following: the name and address of the borrower and his establishment; the details of the borrowers business; and the nature and amount of security offered.

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    the application covers, inter alia, the following: the name and address of the borrower and his establishment; the details of the borrowers business; and the nature and amount of security offered.

    The

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    shment; the details of the borrowers business; and the nature and amount of security offered.

    The application form has to be supported by various ancillary statements like the financial statements and financial projections of the firm. The application is then processed by the financial institution giving grant. This primarily involves an examination of the factors like ability, integrity and experience of the borrower in the particular business. General prospects of the borrowers business, purpose of grant, a

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