Week 2 623

From the different types of lending institutions discussed in the content for this week, select one type for further exploration. In your initial posting, respond to the following:

1. Identify the lending institution type you selected.
2. Define the purpose of this lending institution, in reference to helping entrepreneurs.
3. Determine the advantages and disadvantages for this type of lending institution
4. Evaluate your option to use this type and explain why or why not.
5. Contact this lending institution and ask them three relevant questions of your choice.
6. Report their responses.