The Small Business 7(a) Guaranty program:
A) guarantees up to 50 percent of the amount loaned.
B) helps qualified small businesses obtain financing when they cannot obtain it through regular lending channels.
C) has a maximum loan amount of $5 million.
D) loans can be used only for machinery and equipment, and land and building.
Answer: B
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Entrepreneurship Chapter 9
- The Executive Summary does what two things?
- _____ are laws governing a private offering.
- ____ is a formalized method for obtaining funds from private investors.
- _____ provides grants from the U.S. government to small technology based businesses.
- _____ is the overall coordinating party in a partnership agreement.
- _____ is a party in a partnership agreement that usually supplies money and has a few responsibilities.
- ______ is money given to a firm for developing a technology that involves a tax shelter.
- ______ is the standard way banks lend money to companies.
- _____ is tangible collateral valued at more than the amount of money borrowed.
- _____ is obtaining funds for the company in exchange for ownership.
- ___ is obtaining borrowed funds for the company.
- List 10 Entrepreneurial Death Traps ?
- Primary responsibilities of board of directors ?
- Primary difference between angel investors and VC firms ?
- Factors that make business less likely to receive angel investments ?
- Factors that make business more likely to receive angel investments ?
- Why companies Fail VC process ?
- How so VC firms deal with SUMI issues?
- What problems cause the need for venture capital?
- What are some reasons to decline investment? (11 Reasons)
- Regarding the beginnings of Venture Capital, what was Doriot Mission?
- What are some of the critical issues in Financing and Financing Sources?
- Define the contribution margin and its importance.
- Which of the following is a form of cash flow financing?
- Start ups commonly use ______________ to finance initial expenses.