Apply to the small business administration

Assignment Help Management Theories

Reference no: EM133614251

Question: You own a local diner that was damaged in a flood. You thought your insurance covered you, and even pays double in federal disaster areas like yours, but the insurer says it does not cover floods. What can you do? Select answer from the options below You and other businesses can file a class-action lawsuit against your insurer. Apply to the Small Business Administration for legal representation. The Small Business Administration only rarely provides direct loans but can mediate for you with your insurer. Apply for insurance mediation. Apply to a commercial bank for an emergency loan and apply to the Small Business Administration to provide an indirect loan by guaranteeing the bank it will be repaid. The Small Business Administration provides direct loans to companies damaged in federal disaster areas. Apply for one of its loans.

Reference no: EM133614251

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