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    Small Business Management
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    Exam 17: Sources of Debt Financing
  5. Question
    Under a CAP,the Bank and the Borrower Each Pay an Upfront
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Under a CAP,the Bank and the Borrower Each Pay an Upfront

Question 126

Question 126

True/False

Under a CAP,the bank and the borrower each pay an upfront fee (a portion of the loan amount)into a loan-loss reserve fund at the participating bank,and the state matches this amount.

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