Which of the following is a feature of the SBA and Ex-Im Bank Coguarantee Program?
A) It is an extension of the Export Working Capital Program and deals with expanding a business's export working capital lines up to $2 million.
B) It is designed to assist businesses that might have been adversely impacted by NAFTA.
C) It is designed to assist borrowers whose businesses are located in economically depressed regions of the country.
D) It is designed to assist members of the US military who wish to create or expand a small business.
E) It can provide for funds up to $500,000 worth of financing, which can be either a term loan or a line of credit.

Question

Quizplus · Accepted Answer

The SBA and Ex-Im Bank Coguarantee Program is an extension of the Export Working Capital Program and is designed to expand a business's export working capital lines up to $2 million. This program is aimed at assisting small businesses in exporting their products and expanding their international sales.

Which of the Following Is a Feature of the SBA