See the Economic Development Director in your community. Your town or county may offer special loans in your area. Generally speaking, there are no grants or free money. There may be some exceptions when nonprofit organizations and businesses are involved in seeking charitable grants. But if you're in business to earn a profit, prepare a business plan and bring your own capital combined with borrowed funds to fuel the business.
Loans have terms and repayment schedules.
Be sure the interest rates and terms of payments are competitive within your market. When applying for a loan, the percentage of your own capital that a lender will expect you to invest will vary form 20 to 30 percent, sometimes more. A retail or service business will usually require a lower percentage, while a food or liquor related business will often demand the highest commitment of personal funds. And, a lender will expect you to provide collateral to cover the amount of the loan. Probably most new businesses should organize as sole proprietorships because of its simplicity and low initial cost.