Ask Question
BusinessBusiness
14 October, 19:25

Many small rural operations cannot obtain financing within their own communities because:

+3
Answers (1)
  1. 14 October, 19:40
    0
    The answer is: small rural banks lack the necessary financial expertise to counter the risks involved with small-business loans.

    The profit from providing loan is taken by the bank from the percentage of total loan that being given.

    Small-business loans tend to be unfavorable because the percentage of return from the loan is not big enough to sustain the risk. Because of this situation, only financial institution with large capitals tend to only want to provide loans to small business.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Many small rural operations cannot obtain financing within their own communities because: ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Suppose that an especially harsh storm blankets a town in snow all winter. what would happen in the market for snow-clearing services?
Answers (1)
Microsoft and Apple are widely known as technological rivals. When one company comes out with a new laptop, the other is quick to respond with a new product offering using its respective operating system.
Answers (1)
Other things constant, an increase in marginal tax rates will a. decrease the supply of labor and reduce its productive efficiency. b. decrease the supply of capital and decrease its productive efficiency. c.
Answers (1)
Despite deep cuts in the workforce, Angelo was able to keep his job. Still, he felt depressed and insecure, not sure when the next round of cuts would come. He seriously thought about looking for another job. Angelo may be suffering from
Answers (1)
There are distinctive differences between private market and public government operations. Private goods and public goods have different characteristics. A good is considered to be a public good if it
Answers (1)
New Questions in Business
What does macroeconomics focus on trying to understand
Answers (1)
Thomas Company has the following data for one of their recliners. This information is for the deluxe recliner model: Sales $200,000 Variable Costs 90,000 Contribution Margin 110,000 Fixed Costs 150,000 Operating Income (loss) $ (40,000) Assume that
Answers (1)
When households decide to hold more money, a. interest rates fall and investment increases. b. interest rates rise and investment increases. c. interest rates rise and investment decreases. d. interest rates fall and investment decreases?
Answers (1)
Johnny is organizing all the specifics for his parents' 50th anniversary party. He has made contact with all the vendors, secured the location, and created a weather contingency plan. Johnny is participating in: answer choices planning management.
Answers (1)
A house is closed on April 15. The property taxes are $960 for the year. They have not been paid. How much does the buyer receive from the seller at closing
Answers (1)
Home » Business » Many small rural operations cannot obtain financing within their own communities because:
Sign Up Forgot Password?