Which of the following is true about SBA EWCP 7(a) Loan Programs?
A) They help small businesses develop or expand their export markets.
B) They offer borrowers a maximum SBA-guaranteed portion of $1.75 million.
C) They are aimed at offsetting the added risks of doing business abroad, from complex trade rules to unpaid bills.
D) They provide lenders guarantees of up to 90 percent on export loans to ensure that qualified exporters do not lose viable export sales due to a lack of working capital.
E) They offer short-term financing or may purchase the goods to be exported directly from the manufacturer.
Correct Answer:
Verified
Q38: Which of the following is a disadvantage
Q39: The draft is an unconditional order to
Q40: A separate business entity is created in
Q41: Which of the following is the most
Q42: Features of a product that have little
Q44: Which of the following is a drawback
Q45: International Trade Loan Program 7(a) Loans are
Q46: Which of the following is true about
Q47: Which of the following is a legal
Q48: Which of the following is true about
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents