Which applicant would most likely qualify for an SBA-backed loan? Select answer from the options below The
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Which applicant would most likely qualify for an SBA-backed loan? Select answer from the options below
- The owner of a small landscaping company who is unable to obtain a standard bank loan with an interest rate lower than 19%.
- The owner of a small computer services firm who needs $15,000 to help pay off an existing commercial bank loan.
- The owner of a small pizza chain who is unable to obtain a standard bank loan with an interest rate lower than 9 percent.
- The owner of a small printing company who needs $40,000 for the purchase of a new printing press.
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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