The granting of small,unsecured loans to small businesses and entrepreneurs is known as
A)Extreme finance.
B)Microfinance.
C)Growth finance.

Question

Quizplus · Accepted Answer

The term "Microfinance" refers to the granting of small, unsecured loans to small businesses and entrepreneurs, particularly in developing countries where traditional banking services may not be available. "Extreme finance" and "Growth finance" are not commonly used terms in the context of small business lending.

The Granting of Small,unsecured Loans to Small Businesses and Entrepreneurs