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21-11-2022
Business

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according to the textbook, historically, commercial banks . (c10) group of answer choices have been a good source of funds for startup firms have not funded startup firms at all have been a good source of funds for manufacturing firm startups but not for service firm startups have been a good source of funds for service firm startups but not for manufacturing firm startups have not been a good source of funds for startup firms

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tutorconsortium271 tutorconsortium271

24-11-2022

The textbook asserts that traditionally, fledgling businesses have not found commercial banks to be a reliable source of funding.

Are you referring to commercial banks?

The commercial bank is a type of financial organization that offers its clients services including loans, CDs, savings accounts, overdraft protection, etc. These organizations generate revenue by making loans to people and collecting interest on those debts.

What benefits do commercial banks offer?

Location: The majority of places have commercial banks. Discounts: Commercial banks provide their customers with services at lower costs. Product offerings: Customers of commercial banks have access to a wider range of product options, including loans, lines of credit, certificates of deposit, recurring deposits, mutual funds, and more.

To know more about commercial banks visit:

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