CAPITAL
Numerous finance programs have been created to help businesses
obtain the capital needed for start-up or expansion. These programs
seek to provide financing when conventional lending markets fail
to meet the needs of firms. This often occurs because the terms
are unmanageable for the firms or the risk is too high for the lending
institutions. The ultimate goal of capital finance programs is to
increase business activity, thereby providing jobs and additional
tax revenue. Evaluation studies of several types of capital finance
programs are reviewed in the follow section.
see corresponding section
in Strategies & Tools
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