Complexity of application and protection in the event


Problem: Discuss what are the advantages and disadvantages of each of the following programs in terms of complexity of application and protection in the event of a default:

a) Basic micro loan program.

b) Basic 7(a) loan program.

c) Patriot loan program.

Note that, these programs are all a part of the Small Business Administration in the United States.

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Finance Basics: Complexity of application and protection in the event
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