Which of the following holds true for the Small Business Adminstration?
A) The SBA actually loans money to small business and is a bank.
B) A 504 Loan Program requires a 25 percent minimum down payment.
C) The SBA does not guarantee small business loans.
D) The SBA requires that you create your business plan or loan proposal prior to applying for an SBA guaranteed loan.
Correct Answer:
Verified
Q12: The form of business ownership that involves
Q13: Which of the following variables in the
Q14: Unlimited liability for the owner is a
Q15: Bankers differ from investors in that
A)bankers are
Q16: The form of business ownership that gives
Q18: Which of the following pertain to the
Q19: The financial plan consists of
A)breakeven analysis.
B)a 12
Q20: George is analyzing the market for his
Q21: One drawback to a partnership is that
Q22: The sole proprietor has all of the
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