What is the primary reason small businesses struggle to get financial services from traditional institutions?
Web-Based Companies Fill PPP Loan Gaps Left By Big Banks

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They have too many employees.
They generate insufficient revenue.
They are located in rural areas.
They have outdated technology.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which companies are mentioned as stepping in to help small businesses with loans?
Lendio and Kabbage
QuickBooks and FreshBooks
PayPal and Square
Stripe and Venmo
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a major challenge for lenders during the first round of PPP funding?
Lack of interest from businesses
Inexperience with PPP loans
Excessive government support
Too many lenders involved
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the application process improve by the second round of PPP funding?
It became more expensive.
It required more documentation.
It was automated and faster.
It was limited to fewer businesses.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What advice is given to businesses waiting for PPP loan applications?
To hire a financial advisor
To switch to a different lender
To be patient
To apply for multiple loans
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