BUS101 Economics terms (busi,econ) 87

BUS101 Economics terms (busi,econ) 87 - C Entrepreneur...

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C. Entrepreneur Assistance Center D. Federal Microloan Authority Definition A. Small Business Administration Term (p. 165) Which of the following sources of investment is the least likely type available to entrepreneurs? A. Angel investors B. Small Business Administration loans C. Venture capitalists D. Family and friends Definition C. Venture capitalists Term (p. 165) The Small Business Administration's microloan program awards loans to entrepreneurs based primarily on their: A. collateral. B. credit history. C. previous business success. D. integrity and sound business idea. Definition D. integrity and sound business idea. Term (p. 165) A Small Business Investment Company (SBIC) is a(n):
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Unformatted text preview: A. agency of the federal government that loans money to high tech firms. B. private investment company that is licensed by the SBA to make loans to small businesses. C. private firm that offers loans to small businesses in return for a share of ownership in the firm. D. agency set up by state governments to provide managerial advice and sup-port to small businesses. Definition B. private investment company that is licensed by the SBA to make loans to small businesses. Term (p. 165) One of the best places for young entrepreneurs to start shopping for a SBA loan is a(n): A. SmallBusinessDevelopmentCenter....
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