The management of Bank-of-Us Investments wants to create more job opportunities in their city.They believe that the best way to create more jobs is to help people start their own business.They invest a portion of the company's profit,along with money received through government loans,to support people trying to start their own business.Bank-of-Us Investments is an example of:
A)Unit investment trusts (UITs).
B)Small Business Investment Companies (SBICs).
C)Joint ventures.
D)Business incubators.

Question

Quizplus · Accepted Answer

Small Business Investment Companies (SBICs) are private investment firms that use their own capital, along with funds borrowed from the government, to provide financing to small businesses.

The Management of Bank-Of-Us Investments Wants to Create More Job