Grant advance funding refers to a financial arrangement where companies that participate in government grant programs can access a portion of their future grant capital in advance. In other words, it’s a loan to get cracking on your grant-funded project. It allows businesses to receive a portion of the grant funds before completing the milestones or project requirements outlined in the grant agreement. It helps companies maintain cash flow, meet financial obligations, and progress with their projects without waiting for the complete disbursement of the grant funds.