There are also certain programs that offer funding for single mothers to start up small businesses, including training and help with planning.Therefore if you feel you are up to taking on a new challenge, especially since you can base your business at home, then this might be the ideal option for you.You should also find out what your credit score is, if you intent to get a loan of some sort in the future.You can get check your credit score for free online or simply write to the major credit agencies (there are three of them), and request your report — by the Fair Credit Act, you are entitled to a free report each year.So please moms, don’t go applying for loans if your credit score is bad.And certainly, don’t go getting loans if your credit score is bad and your income situation is unstable.Remember, though, that the majority of these programs come as loans, but generally with better afferent costs.Still, the independence a small business will offer you and your child is invaluable and worth a little difficulty in the beginning.
Loans as Cash Assistance The easiest way to get some cash is to take out a loan.
The Federal Government also offers a wide variety of assistance for single mothers including, but not limited to, the welfare program which will help you with basic needs, scholarships and grants, and even low cost housing.
There are over 900 programs available and they all can be found on the government websites.
There are private websites that will charge a fee to disclose information to you.
You should avoid these as all this information is freely available and no private company will have more information about government programs than the official websites themselves.