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In Which of the Following Credit Programs Is the SBA

question 34

Multiple Choice

In which of the following credit programs is the SBA role in the loan one of providing a direct loan to a community organization, which reloans the funds in small amounts?


Definitions:

Promote Diversification

A strategy aimed at reducing risk by allocating investments among various financial instruments, industries, and other categories.

Financial Cooperatives

Member-owned financial institutions that provide savings, credit and other financial services to their members.

Commercial Banks

Commercial banks are financial institutions that accept deposits, offer checking account services, and make loans to individuals and businesses.

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