Respuesta :
Short term loan is the best loan option for a neighborhood Lemonade stand because it is a small business.
Explanation:
Short term loan is obtained for a small business capital need. Short term loans are usually payable within an year. The interest to paid to short term loan is less compared to long-term loan.
Bank offers loan amount easily because they encourage people to do small business. In short term loan, risk is generally low and the profit is high if the business is running well.Since lemonade stand is a small business, short-term loan is the best loan option.
The best loan option for a neighborhood Lemonade stand is short term loan.
What is Short Term Loan?
This refers to the type of loan which i gotten for small businesses and can be paid back within a year and has lesser interest to be paid when compared to long term loan.
With this in mind, we can see that when contemplating a small business like a lemonade stand for the neighborhood, then the short term loan is the best alternative.
Read more about short term loan here:
https://brainly.com/question/1152354