In which of the following credit programs does the SBA borrow money to be lent to Small Business Investment Companies (SBICs)and guarantee payment to investors?
A)7(a)loan
B)CDC/504 loan
C)microloan
D)venture capital loan

Question

Quizplus · Accepted Answer

The Small Business Administration (SBA) borrows money to lend to Small Business Investment Companies (SBICs) under its venture capital program. This program is designed to provide equity capital, long-term loans, and operational assistance to qualifying small businesses. The SBA guarantees the repayment of these loans to investors, making it a unique offering compared to other SBA loan programs.

In Which of the Following Credit Programs Does the SBA