Uses of commercial bank funds

Which of the following are ways that commercial banks use the funds they receive? Check all that apply.

Provide installment loans to support individuals' minor purchases, such as small household appliances, clothing, etc.

Provide credit cards to individuals to support major and minor purchasing that the individual may not want to pay for in cash.

Provide working capital loans to support business that don't want to add debt to their balance sheet but still need large amounts of capital for major purchases.

Provide term loans to support business' purchasing of fixed assets like land, machinery, fixtures, manufacturing facilities, etc.

True or False: The major use for bank funds is consumer loans.

True

False