Question: The SBA 7(A) Guaranty loan program is available to: small businesses that are not able to obtain investment capital small businesses involved in manufacturing only
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The SBA 7(A) Guaranty loan program is available to:
small businesses that are not able to obtain investment capital
small businesses involved in manufacturing only
small businesses in the following industries: agricultural, retail sales, services, and real estate
small businesses that are unable to secure financing on reasonable terms through normal lending channels
small businesses that have been profitable for at least three consecutive years
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Allison Jones is the founder of a company in the medical products industry. Allisons firm is still in the feasibility analysis stage, and doesnt have a product that is ready to sell. The company is spending about $25,000 per month, and expects to maintain that level of spending until it reaches profitability. The $25,000 a month is Allisons:
burn rate
consumption rate
usage rate
liquidity rate
utilization rate
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