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Question
An SBA program that provides short-term loans of up to $50,000 to small businesses and not-for-profit child-care centers
Match the term with its definition.
a. Asset-based loan
b. Basis point
c. Chattel mortgage
d. Equipment loan
e. LIBOR (London InterBank Offered Rate)
f. Line of credit
g. Prime rate
h. Purchase-order financing
i. Term loan
Answer
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