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Explain the Different SBA Loan Programs

question 15

Essay

Explain the different SBA loan programs.Explain how a typical SBA loan guarantee works.What interest rates do such loans normally carry?


Definitions:

Cash Management

The process of collecting, managing, and investing a company's cash flow in a way that maintains or increases the company's liquidity.

Temporary Excess Cash

Surplus cash not required for immediate operational or investment needs, often invested in short-term securities.

Invest

The act of allocating resources, usually money, in order to generate an income or profit.

Additional Staff

The employment of extra personnel beyond the current number to meet increased demands or to fulfill specific roles within an organization.

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