Export Express 7(a) Loan Programs Offered by the SBA Are

question 68

Multiple Choice

Export Express 7(a) Loan Programs offered by the SBA are streamlined programs that:

• A) help small businesses develop or expand their export markets.
• B) offer borrowers a maximum SBA-guaranteed portion of $1.75 million.
• C) are aimed at offsetting the added risks of doing business abroad, from complex trade rules to unpaid bills.
• D) provide lenders guarantees of up to 90 percent on export loans to ensure that qualified exporters do not lose viable export sales due to a lack of working capital.
• E) offer short-term financing or may help purchase the goods to be exported directly from the manufacturer.

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Definitions:

Interpersonal Roles

involve responsibilities of a manager that are centered around communication and relationship building within and outside an organization.

Interacting

The act of communicating or working together with others which can influence thoughts, feelings, and behaviors.

Disturbance Handler

A role identified in Mintzberg's managerial roles, where a manager addresses unexpected issues and crises that arise, taking corrective action when necessary.

Resource Allocator

A role within management responsible for deciding how best to distribute resources to achieve organizational goals.