Question

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 maggies business? a credit union a savings and loan a commercial bank an investment bank

Explanation:

Glenn and Maggie own a business (juice bar chain) and need a loan for expansion. Commercial banks primarily provide business loans, services for businesses, and support business growth. Credit unions are member - based and often focus on personal or small - scale member needs. Savings and loans are more focused on real - estate - related lending (like home loans). Investment banks deal with large - scale corporate finance, underwriting, and securities, not typical small - business expansion loans. So a commercial bank is the most suitable for their business loan needs.

Answer:

a commercial bank