Small Business Lending Companies (SBLCs)make only intermediate and long- term SBA-guaranteed loans.

Name: Small Business Lending Companies (SBLCs)make only intermediate and long- term SBA-guaranteed loans.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

SBLCs are specialized lenders that make only intermediate and long-term SBA-guaranteed loans, typically used to finance equipment purchases, working capital or real estate acquisitions. They do not offer short-term loans or lines of credit.

Small Business Lending Companies (SBLCs)make Only Intermediate and Long- Term