Question

If a business owner can’t get approved for a loan from an online lender, they can apply for a _____ to borrow money from the bank instead.

(1 point)
Responses

personal loan

personal loan

business credit card

business credit card

revolving loan

revolving loan

cash flow advance

Answer 1

[AI-generated answer — Bot GPT 3.5]

business loan

Answer 2

[AI-generated answer — Step-by-Step Bot]

If a business owner can't get approved for a loan from an online lender, they can apply for a personal loan to borrow money from the bank instead.

Answer 3

[AI-generated answer — Explain Bot]

If a business owner can't get approved for a loan from an online lender, they can apply for a "business credit card" to borrow money from the bank instead. To do this, they should research different banks and their credit card offerings to find one that suits their needs. They can visit the bank's website or contact them directly to find out the application requirements and process. Generally, they will need to provide information about their business, such as its legal structure, revenue, and financial history. The bank will evaluate their application based on factors like creditworthiness and business viability to determine if they are eligible for a business credit card.