Sarita has been having difficulty getting a bank loan to help finance

QUESTION

Sarita has been having difficulty getting a bank loan to help finance startup costs for her new food truck business. Which of the following can help a bank feel more confident in lending money to support Sarita’s new enterprise?

A) Sarita’s business model
B) Small Business Administration support
C) urban enterprise zone participation
D) references from family
E) angel investor support

ANSWER

Answer: B
Explanation: B) The Small Business Administration guarantees many small business loans to banks.