When financing with debt, small businesses should first apply for a Small Business Administration guaranteed loan before approaching their own bank as the SBA loans have lower interest rates.
Answer the following statement true (T) or false (F)
False
In order to even qualify for an SBA guaranteed loan, you must be turned down by a bank first.
You might also like to view...
Which of the following statements is true?
A. Both realized and implicit capital gains are taxed. B. Realized capital gains are taxed, while implicit capital gains are not taxed. C. Implicit capital gains are taxed, while realized capital gains are not taxed. D. Neither realized capital gains, nor implicit capital gains are taxed.
Why do firms have difficulty accessing potential market areas in developing countries, such as China and India?
A) inadequate distribution systems B) anti-globalization efforts C) highly centralized rural markets D) limited manpower E) high operating costs
As small companies achieve success, they inevitably move toward more ________ marketing. They adopt more-developed marketing tools and adhere to them closely
A) ambush B) formulated C) entrepreneurial D) intrepreneurial E) multi-level
In marketing, an exchange is when the buyer and the seller trade things of value to benefit the other.
Answer the following statement true (T) or false (F)