Banks and other lending institutions ________.

Question

Quizplus · Accepted Answer

Banks and other lending institutions are often next sources of financing for businesses after personal and family contributions. While they may have specific lending models for start-up businesses, they are not necessarily better fitted for them than established businesses. They also may work with the Small Business Administration rather than compete with them for start-up loans. However, overall, the most common scenario is that banks and lending institutions provide financing after personal and family contributions have been exhausted.

Banks and Other Lending Institutions ________