An advantage of getting a loan from the Small Business Administration (SBA) rather than from a commercial lender because the SBA lends more money and doesn't charge any interest as long as the loan is repaid on time.

Question

Quizplus · Accepted Answer

This statement is false. The SBA does charge interest on its loans, although the rates may be lower than those of commercial lenders. Additionally, the amount of money the SBA can lend may be limited compared to what a commercial lender may be able to offer.

An Advantage of Getting a Loan from the Small Business