Installment loans can be obtained by a venture Blank______.Multiple choice question.that is funded solely by crowd fundingwith a strong creditworthy partner such as the governmentthat uses funds only from family and friendswith a track record of sales and profits
Question
Installment loans can be obtained by a venture Blank______.Multiple choice question.that is funded solely by crowd fundingwith a strong creditworthy partner such as the governmentthat uses funds only from family and friendswith a track record of sales and profits
Solution
The correct answer is: "with a track record of sales and profits". Installment loans are typically given to ventures that have demonstrated a consistent ability to generate revenue and profit, as this indicates that they will likely be able to repay the loan in the agreed-upon installments.
Similar Questions
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
The financing method that involves an interest-bearing instrument, usually a loan, the payment of which is not directly related to the sales and profits of the venture is referred to as Blank______.Multiple choice question.crowd financingdebt financingpersonal financingequity financing
An accurate statement about installment loans is that these Blank______.Multiple choice question.loans are usually for more than 1 yearshort-term funds are inadequate when seasonal financing is neededshort-term funds are frequently used to cover working capital needs for a period of timeloans require a major collateral
Multiple Choice QuestionBusinesses borrow loanable funds primarily to increase their stock of Blank______ goods.Multiple choice question.loanablecapitalintangiblepublic
To ensure repayment, bank loans are based on the Blank______.Multiple choice question.number of shareholders or equity partnersassets or the cash flow of the ventureworking capitalnumber of employees
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