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Foundations of Business (MindTap C...

6th Edition
William M. Pride + 2 others
Publisher: Cengage Learning
ISBN: 9781337386920

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BuyFindarrow_forward

Foundations of Business (MindTap C...

6th Edition
William M. Pride + 2 others
Publisher: Cengage Learning
ISBN: 9781337386920
Chapter 5.5C, Problem 2CC
Textbook Problem
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Identify two ways in which the SBA provides financial assistance to small businesses.

Summary Introduction

To determine: The two ways in which SBA provides financial assistance to small businesses.

Introduction: A small business administration is an autonomous organization of the United States government that secures the interests of independent or small business ventures and guarantees that they get a decent amount of government contracts.

Explanation of Solution

The two ways in which SBA provides financial assistance to small businesses are as follows:

  • The SBICs (Small Business Inv...

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