The majority of loans provided by the SBA are:
A) direct.
B) preferred.
C) guaranteed.
D) asset based.

Question

Quizplus · Accepted Answer

The SBA primarily provides guaranteed loans, which means that the SBA guarantees a portion of the loan to the lender, reducing the risk for the lender and making it easier for small businesses to obtain financing. Direct loans are only provided in certain situations and are less common. Preferred and asset-based loans are not typically provided by the SBA.

The Majority of Loans Provided by the SBA Are