Which of the Following Is True About SBA EWCP 7(a)

question 81

Multiple Choice

Which of the following is true about SBA EWCP 7(a) Loan Programs?

• A) They help small businesses develop or expand their export markets.
• B) They offer borrowers a maximum SBA-guaranteed portion of $1.75 million.
• C) They are aimed at offsetting the added risks of doing business abroad, from complex trade rules to unpaid bills.
• D) They 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) They offer short-term financing or may purchase the goods to be exported directly from the manufacturer.

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Definitions:

Skill-Based Pay

A compensation strategy that pays employees based on their skills, certifications, or knowledge, rather than their job title or position.

Pay Rate

The amount of money a worker is paid per unit of time or per piece of work completed.

Competency-Based Rewards

A system of compensation and recognition that is directly tied to an employee’s demonstration of specific skills, abilities, and achievements.

Service Quality

The degree to which a service meets the customer's expectations and reflects the perceived difference between actual service performance and pre-service expectations.