What is my chace of getting approve for a business loan or business grant for a specialty drink shop?

The business I'm trying to open up is a boba/appitizer shop. I don't have any experience in running a business either, so I need help gettifng the money to start the business without having to use my house equity.

Without any experience in running the business, it may be hard to get a business loan from commercial lenders even SBA. They want to be sure that you can repay the loan, and chances of failure increases with your non-experience. Talk with your bank and present your situation and get their advice how to go about applying for the loan. Some banks offer business loans in the guise of a credit card, so consider that as well.

If you want to check SBA, go to http://www.sba.gov/financing

It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. And yes, grants mean PAPERWORK - lots and lots of it, that is why a cottage industry of grant writers was born.

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

Even if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same - hardly any grants for starting a for profit business.

Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html...

"The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."

Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business -- THERE'S NONE.
http://12.46.245.173/pls/portal30/CATALO...

Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs

For private grants, you may want to check the Foundation Center's Foundation Grants for Individuals Online. It's a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." Entrepreneurs are apparently not one of them, so I take it they also don't have listings of private foundations who give grants to would-be entrepreneurs.

zero to nil....without hard equity (ie house)

Learn to use spell check first....when you misspell it makes you look unintelligent.

There is no such thing as a business grant as far as I know, and to get a loan, you need collateral. No exceptions.

I don't know what a boba/appetizer shop is, but it sounds like some kind of restaurant. Opening a restaurant is an awful idea. Most people who do lose their life savings.