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burish burish
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6 years ago
SBICs:
A) were chartered by the SBA to help startup companies find private financing from commercial banks and finance companies.
B) provide short-term debt-based capital to small businesses through the sale of the debt to private investors.
C) cannot invest in or lend money to a business for more than five years.
D) were created by the Small Business Investment Act to use a combination of private and federal guaranteed debt to provide long-term capital to small businesses.
Textbook 
Essentials of Entrepreneurship and Small Business Management

Essentials of Entrepreneurship and Small Business Management


Edition: 6th
Author:
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tuhaftuhaf
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6 years ago
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