When the Small Business Administration (SBA)assists a Small Business in Applying

question 134

Multiple Choice

When the Small Business Administration (SBA) assists a small business in applying for a major loan,it acts as the lender's ________.

• A)credit union
• B)savings and loan association
• C)guarantor
• D)Bank

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Definitions:

Continue to Pay

"Continue to Pay" typically refers to an agreement or clause where an individual or entity agrees to keep making payments until a specified condition is met, often found in financial or service agreements.

Leased Property

Real estate or personal property that is rented under the terms of a lease agreement between the owner and the lessee.

New Owner

A term referring to an individual or entity that has recently taken possession or control of an asset or property.

Covenant Of Quiet Enjoyment

A promise usually in a lease or deed guaranteeing that a tenant's or landowner's use of property will not be disturbed by the landlord or previous owner.