Multiple Choice
Entrepreneur Wally Wilton wants to build a colossal amusement park for kids of all ages.Wilton will need $48 million to get the first phase of "Wally World" into operation.Which of the following is the type of loan best suited for Wally?
A) An asset-based loan,based on inventory or accounts receivable
B) A mortgage loan from an insurance company
C) A credit union loan
D) A MESBIC loan
Correct Answer:
Verified
Correct Answer:
Verified
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