A ________ Makes Only Intermediate and Long-Term SBA Guaranteed Loans

question 65

Multiple Choice

A ________ makes only intermediate and long-term SBA guaranteed loans.It specializes in loans many banks would not consider.

• A)small business investment company
• B)local development company
• C)small business lending company
• D)MESBIC

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Definitions:

Specialization Of Labor

The practice of dividing labor into specific, narrowly defined tasks to increase efficiency and productivity.

Production

The process of creating goods or services using input resources like labor, materials, and technology.

Self-Sufficiency

The ability of an individual, household, or country to maintain itself without external assistance, relying on its own resources and capacities.

Exchange

A platform or mechanism for trading financial instruments, commodities, or other goods and services between parties.