Question

What are the main reason(s) for lack of finance for small businesses?

• A. Nature of business
• B. Lack of creditworthiness
• C. Lack of guarantee
• D. None of the above

Answer 1

Answer: (B), (C)

The correct options are
B

Lack of creditworthiness

C

Lack of guarantee

Lack of creditworthiness and lack of the required guarantee are the main reasons for small business facing the challenge of finance.