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Under the Canada Small Business Financing Act, New and Existing

Question 47

Multiple Choice

Under the Canada Small Business Financing Act, new and existing businesses with gross revenues _______ may be eligible to obtain term loans from chartered banks and have the loan partially guaranteed by the federal government.


A) Of less than $1 million
B) Of less than $5 million
C) In excess of $1 million
D) In excess of $5 million

Correct Answer:

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