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Which statement about small business association

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Problem 1: Which statement about Small Business Association (SBA) loans is accurate?

Option 1: These loans, which are designed to jump-start brand new companies, only need to be repaid if your business makes money.

Option 2: Businesses receive SBA loans directly from the Federal government, which offers them extremely low interest rates.

Option 3: SBA loans do not require a credit check, so they're a great option for borrowers with bad credit.

Option 4: Because the Federal government is involved in SBA loans, they come with extra paperwork and can take longer to process and fully fund

Reference no: EM132729787

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