Would businesses survive withut loans?
Businesses can not survive without loans.
The Reconstruction Finance Corporation originally attempted to lift the country out of depression by?
Which was a way the Reconstruction Finance Corporation attempted to lift the country out of depression?
The Revolutionary War had left the U.S. economy in very, very bad shape. It needed to recover in order to the new nation to survive. Hamilton believed the National Bank would help stabilize the economy. It would create a place where the government could safely deposit money, and the bank would also be able to make loans to the government and businesses. Thus businesses could be started, and when the businesses are successfully running it…
How did the Reconstruction Finance Corporation originally attempt to lift the country out of depression?
The Small Business Administration makes special loans available to a variety of businesses; the 7(a) loans are for a range of special purposes like businesses that are located in rural areas or that export certain products. The SBA has a list of lenders who are approved to distribute these loans and can help you find what's called a "Community Advantage" Lender to process your loan application.