________ is designed to provide working capital to small exporters by providing loan guarantees of 90 percent of the loan amount up to $1.5 million.
A)A Capline program
B)A Section 504 loan
C)An LDC loan
D)An export working capital program

Question

Quizplus · Accepted Answer

The export working capital program is specifically designed to provide working capital to small exporters by providing loan guarantees of 90 percent of the loan amount up to $1.5 million. Therefore, option D is the correct answer. Option A refers to a program that provides small businesses with short-term loans and lines of credit, option B refers to a program that provides long-term fixed-rate financing to small businesses for major fixed assets, and option C is not a federal loan program.

________ Is Designed to Provide Working Capital to Small Exporters