Loans that are granted by commercial banks to entrepreneurs that are then guaranteed at up to 90 percent of the loan value by the SBA as part of the 7(a) program are called which of the following?
A) SBA loans
B) guaranteed loans
C) direct loans
D) 504 loans
Correct Answer:
Verified
Q41: The first place most entrepreneurs find equity
Q42: A finance company will generally purchase the
Q43: Self-liquidating loans are often _.
A) unavailable
B) tied
Q44: Which type of loans are provided by
Q45: The practice of raising funds for a
Q47: The purchase of goods from suppliers who
Q48: Commercial finance companies extend short- and intermediate-term
Q49: A relatively new loan program available through
Q50: Most state and local government programs usually
Q51: Which of the following is an appropriate
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