motiva8
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Question of
What is a working capital loan?
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A business line of credit to secure capital
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A loan that secures capital
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A real estate loan
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Question of
A boat loan is an example of:
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Secured loan
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Unsecured loan
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Home equity loan
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Question of
Which of the following is an example of secured loan?
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Home equity loan
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A student loan
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A boat loan
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Question of
Loans to avoid include:
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Demand loans
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Bridge loans
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Advance-fee loans
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Question of
Equipment financing is used by businesses to:
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Buy equipment
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Convert equipment into capital
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Offer equipment to customers
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Question of
What is a conventional loan?
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A government-backed loan
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A loan with a maximum amount
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A loan offered by a brick-and-mortar bank
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Question of
Unsecured loans are typically offered to borrowers with:
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Home equity
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A long credit history
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Excellent credit
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Question of
The main benefit of secured loans is?
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A shorter term of repayment
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Possibility of overpayment
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Lower interest rates
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