Initial investment by providing simple interest loans

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Many people have a lot of great business ideas, but not a lot of capital (or money) to invest in getting their ideas launched. The Small Business Administration (you read an article about them) is an entity that helps small business with that initial investment by providing simple interest loans. There are two parts to this question. Answer the question with a minimum of three sentences and a maximum of ten sentences.

Question: If you could start your own business, what kind of a business would it be and how much money do you estimate you would need for your initial loan? (If you would not need an initial investment loan, please explain why this is the case).

Reference no: EM131580596

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