When the business itself does not have the assets to support a loan, the entrepreneur may need a(n) Blank______.Multiple choice question.accounts receivable loancharacter loanreal estate loaninventory loan
Question
When the business itself does not have the assets to support a loan, the entrepreneur may need a(n) Blank______.Multiple choice question.accounts receivable loancharacter loanreal estate loaninventory loan
Solution
The entrepreneur may need a(n) character loan. This type of loan is based on the reputation of the individual borrowing rather than the assets of the business.
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