The Small Business Administration:
A) lends exclusively to small business investment companies that in turn lend to small businesses
B) makes only working capital loans
C) lends to businesses with reasonable prospects of repayment but which cannot obtain credit through private channels
D) makes loans at lower than market rates
Correct Answer:
Verified
Q87: Commercial banks lend unsecured short-term funds in
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Q89: The _ is the lowest rate of
Q90: Bank loans on which interest is paid
Q91: In general,
A) a revolving credit agreement is
Q93: A short-term bank loan that is unsecured
Q94: In order to borrow $175,000 for an
Q95: A revolving credit agreement is a:
A) banker's
Q96: In order to borrow $2,225,000 for a
Q97: For bank loans, the effective cost is
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