In Order to Qualify for a Microloan from the SBA

question 61

True/False

In order to qualify for a microloan from the SBA, an entrepreneur must have adequate collateral and a proven track record of success.

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Definitions:

Communicating

The process of exchanging information and understanding between two or more individuals, through verbal, non-verbal, or written methods.

First-Line Managers

Those who supervise both workers and the daily operations of an organization.

Marketing Manager

A professional responsible for directing and leading an organization's marketing policies, researching market trends, and developing strategies to meet customer needs.