The Small Business Administration's microloan program awards loans to entrepreneurs based primarily on their:

Question

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The Small Business Administration's microloan program is geared towards startups and small businesses and focuses on the borrower's integrity and sound business idea as the primary criteria for awarding loans. While collateral and credit history may also be considered, they are not the primary factors. Previous business success may be taken into account, but it is not a requirement for eligibility.

The Small Business Administration's Microloan Program Awards Loans to Entrepreneurs