Multiple Choice
A Small Business Investment Company (SBIC) is a(n)
A) agency of the federal government that loans money to high-tech firms.
B) private investment company that is licensed by the SBA to make loans to small businesses.
C) private firm that offers loans to small businesses in return for a share of ownership in the firm.
D) agency set up by state governments to provide managerial advice and support to small businesses.
Correct Answer:
Verified
Correct Answer:
Verified
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