To increase rates of entrepreneurship, the Small Business Administration (SBA) has created its own bank to provide interestfree loans directly to entrepreneurs.

Question

To increase rates of entrepreneurship, the Small Business Administration (SBA) has created its own bank to provide interest­free loans directly to entrepreneurs.

Quizplus · Accepted Answer

The statement is inaccurate. The SBA does not have its own bank and does not directly provide interest-free loans to entrepreneurs. The SBA guarantees loans provided by participating banks and lending institutions, which help entrepreneurs access funds at a lower interest rate and with more flexible terms.

To Increase Rates of Entrepreneurship, the Small Business Administration (SBA)