Loans to business are generally made on a standardised basis in terms of the loan application process and the interest rate charged.

Name: Loans to business are generally made on a standardised basis in terms of the loan application process and the interest rate charged.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Loans to businesses often involve a customized application process and interest rates that vary based on the borrower's creditworthiness, the amount of the loan, the term of the loan, and other risk factors.

Loans to Business Are Generally Made on a Standardised Basis