Which of the Following SBA Loan Programs Can Respond to a Loan

question 9

Multiple Choice

Which of the following SBA loan programs can respond to a loan application within thirty-six hours while also providing lower interest rates?

• A) Express and pilot programs
• B) Special-purpose loans programs
• C) Community express programs
• D) Export working capital programs
• E) Export express programs

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Definitions:

Corrective Action

Measures taken to identify, eliminate, and prevent the recurrence of adverse or undesirable performance in a system, process, or product.

Control Process

is the method by which management ensures that organizational activities are aligned with set standards, plans, and goals, typically involving measurement, comparison, and action.

Establish Performance Objectives

The process of setting specific, measurable, achievable, relevant, and time-bound goals for employees or teams.

Market Control

The ability of a company or group to influence or direct the behavior of the market, usually by dominating supply, price, or innovation.