Dorsey, Blankfein on Small Business Access to Capital

Dorsey, Blankfein on Small Business Access to Capital

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

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The video discusses the challenges small businesses face in accessing capital and introduces Square Capital's innovative solution to provide fast loans. By understanding business operations and sales patterns, Square Capital offers a model that integrates loan repayment with business transactions. The video also highlights the limitations of traditional banks and the evolving role of non-banking services in meeting small business needs.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the primary challenges small business owners face according to the first section?

Lack of skilled employees

High rental costs

Access to capital

Marketing strategies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Square Capital help small businesses understand their operations better?

By reducing employee turnover

By increasing product prices

By offering data insights on sales and customer patterns

By providing marketing services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key feature of Square Capital's loan repayment process?

Monthly bank visits

Automatic deductions from credit card transactions

Annual lump-sum payments

Cash payments at the office

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of requested capital do small businesses typically receive from banks?

30%

40%

50%

60%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Square Capital's model benefit both the lender and the borrower?

By reducing the number of loans

By creating a virtuous cycle of business growth

By limiting the loan amount

By increasing interest rates