Long-term loans are usually available only to Blank______.Multiple choice question.a venture funded by family and friendsnew entrepreneursstrong, mature companiesa government-funded company
Question
Long-term loans are usually available only to Blank______.Multiple choice question.a venture funded by family and friendsnew entrepreneursstrong, mature companiesa government-funded company
Solution
The correct answer is "strong, mature companies". Long-term loans are typically given to established companies that have demonstrated their ability to generate profits and repay their debts. These companies have a proven track record, making them less risky for lenders.
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