Glenn and Maggie own a regional chain of juice bars and are looking to expand in the coming year Answer Revealed

Glenn and Maggie own a regional chain of juice bars and are looking to expand in the coming year. They already have fifty shops, but they know they will need a loan to reach their goal of one hundred twenty five shops. Which type of banking institution is most suitable for Glenn and Maggie’s business? the correct answer is a commercial bank

by J Nandhini

Updated Oct 26, 2023

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Glenn and Maggie own a regional chain of juice bars and are looking to expand in the coming year Answer Revealed

Glenn and Maggie own a regional chain of juice bars and are looking to expand in the coming year. They already have fifty shops, but they know they will need a loan to reach their goal of one hundred twenty five shops. Which type of banking institution is most suitable for Glenn and Maggie’s business?

 The correct answer is a commercial bank

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Glenn and Maggie own a regional chain of juice bars and are looking to expand in the coming year. - FAQ

1. Glenn and Maggie own a regional chain of juice bars and are looking to expand in the coming year. They already have fifty shops, but they know they will need a loan to reach their goal of one hundred twenty five shops. Which type of banking institution is most suitable for Glenn and Maggie’s business?  

The correct answer is a commercial bank

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