General Requirements (takes about 5-minutes or less to apply online)
680+ FICO score (Transunion or Experian FICO model 8.0 or similar)
Less than 15% operating loss in the last year of business
Last 2-Years of filed Business Tax Returns; Last 1-Year of filed Personal Tax Returns
Last 3-months of bank statements; copy of Driver’s License
“Before dreaming about the future or marking plans, you need to articulate what you already have going for you – as entrepreneurs do.“
—Reid Hoffman, Linked In co-founder
Fueling Growth, Not Filling Holes: The Strategic Power of Purposeful Debt
Taking on business debt can be a powerful tool for growth and expansion, but it's a double-edged sword.
Used strategically, it can propel your small business to new heights.
Used indiscriminately, particularly to plug cash flow holes, it can lead to a precarious financial situation and even business failure.
This article will explore the critical distinction between purposeful debt and debt incurred to cover operational shortfalls, offering a comprehensive guide for small business owners.
For many small businesses, growth necessitates investment.
Whether it's expanding operations, acquiring new equipment, or developing innovative products, these endeavors often require capital beyond what's readily available in working capital.
This is where purposeful debt steps in as a valuable financial instrument.
Understanding Purposeful Debt
Purposeful debt is a deliberate financial decision made with a clear, well-defined objective that aims to generate a return on investment (ROI) greater than principal amount borrowed and the total cost of the debt (cost of capital).
It's about leveraging external capital to achieve a specific business goal that will ultimately strengthen your company's financial positi
● Expansion Initiatives: Opening new locations, increasing production capacity, or entering new markets.
● Asset Acquisition: Purchasing essential equipment, machinery, vehicles, or real estate that will enhance productivity or generate revenue.
● Technology Upgrades: Investing in software, hardware, or systems that improve efficiency, customer experience, or competitive advantage.
● Product Development: Funding research and development for new products or services that have strong market potential.
● Strategic Marketing Campaigns: Launching significant marketing initiatives designed to capture new market share or boost sales substantially.
● Inventory for Growth: Acquiring additional inventory to meet anticipated increases in demand, not to cover existing shortfalls.
● Working Capital for Specific Projects: Securing working capital for a large, defined project with a clear revenue stream.
● Acquisition of Another Business: Funding the acquisition of a complementary business to expand market reach or service offerings.
● Hiring Key Talent for Expansion: Bringing on specialized personnel to support a new growth initiative.
● Operational Efficiency Improvements: Investing in projects that demonstrably reduce costs or improve output.
The "Return on Investment" Mindset
Before taking on purposeful debt, a small business owner must meticulously evaluate the potential return on investment.
This involves projecting the additional revenue, cost savings, or market share gains that the debt-funded initiative is expected to generate.
The anticipated benefits must significantly outweigh the interest payments and principal repayments.
Differentiating from Dangerous Debt:
The Cash Flow Trap
In stark contrast to purposeful debt, debt incurred to cover cash flow gaps is a dangerous and often unsustainable practice. It's a symptom of underlying financial issues, not a solution.
The Allure of a Quick Fix
When faced with a temporary cash crunch, it's tempting to reach for a line of credit or a short-term loan. However, this often exacerbates the problem, creating a vicious cycle of debt.
Why Filling Cash Flow Gaps with Debt is Dangerous
● Masks Underlying Problems: It prevents you from addressing the root causes of your cash flow issues, such as poor pricing, inefficient operations, or declining sales.
● Increases Fixed Costs: Interest payments become an additional fixed expense, further straining already tight cash flow.
● Erodes Profitability: Debt service reduces net profit, even if sales are stagnant or declining.
● Damages Creditworthiness: Repeatedly borrowing to cover operational gaps signals financial instability to lenders, making it harder to secure favorable terms for legitimate growth opportunities in the future.
● Creates a Debt Spiral: As cash flow remains weak, you may need to borrow more to service existing debt, leading to a rapidly escalating debt burden.
● Limits Future Growth: High debt-to-equity ratios can prevent you from securing financing for genuine growth initiatives.
● Increases Stress and Risk: The constant pressure of managing debt for survival can lead to burnout and even business failure.
● Reduces Financial Flexibility: Your ability to respond to unforeseen challenges or opportunities is severely hampered.
● Signals Mismanagement: For investors or potential buyers, borrowing to cover cash flow gaps is a red flag indicating poor financial planning.
● Can Lead to Default: If the underlying cash flow issues persist, you risk defaulting on your loans, which can have severe legal and financial consequences.
The Importance of a Robust Financial Foundation
Before even considering debt, a small business must prioritize building a strong financial foundation.
This includes:
Cash Flow Management Excellence
● Accurate Forecasting: Developing realistic and detailed cash flow projections to anticipate inflows and outflows.
● Proactive Invoicing and Collections: Ensuring timely invoicing and diligent follow-up on outstanding receivables.
● Optimizing Payment Terms: Negotiating favorable payment terms with suppliers and customers.
● Expense Control: Regularly reviewing and cutting unnecessary expenses.
● Emergency Fund: Maintaining a sufficient cash reserve to cover unexpected shortfalls or emergencies.
● Diversifying Revenue Streams: Reducing reliance on a single customer or product.
● Seasonal Planning: Anticipating and planning for seasonal fluctuations in revenue and expenses.
● Inventory Optimization: Avoiding excess inventory that ties up cash.
● Regular Financial Reviews: Conducting frequent assessments of financial performance.
● Budget Adherence: Sticking to a well-defined budget to prevent overspending.
Strong Profitability
● Effective Pricing Strategies: Setting prices that cover costs and generate a healthy profit margin.
● Cost of Goods Sold (COGS) Analysis: Continuously looking for ways to reduce direct costs.
● Operating Expense Management: Controlling overhead and administrative costs.
● Sales Growth Strategies: Implementing effective sales and marketing to drive revenue.
● Product/Service Mix Optimization: Focusing on high-margin offerings.
The Perils of Debt-Fueled Cash Flow Gaps
Let's delve deeper into why using debt to paper over cash flow issues is a road to ruin.
This is often a sign that a business is living beyond its means or facing fundamental operational challenges that debt simply cannot solve.
The Illusion of Solvency
When a business uses debt to cover its daily operational expenses, it creates a false sense of security. The immediate crisis is averted, but the underlying problem remains. It's like patching a leaky roof with duct tape – it might hold for a short while, but the underlying structural issue will eventually lead to a collapse.
Compounding Interest: The Silent Killer
Every dollar borrowed to cover a cash flow gap comes with an interest cost. This interest adds to the existing burden, eating into future profits and making it even harder to achieve positive cash flow. It's a self-perpetuating cycle where more debt is needed to service the existing debt, rapidly spiraling out of control.
Eroding Business Value
A business perpetually reliant on debt for survival has little to no inherent value. Potential investors or buyers will see the constant borrowing as a red flag, indicating poor financial health and a lack of sustainable operations. This significantly diminishes the business's attractiveness.
Operational Inefficiencies Unaddressed
If you're constantly borrowing to pay salaries, rent, or suppliers, it means your current revenue isn't sufficient to cover your operating costs. Instead of identifying and fixing these inefficiencies – perhaps through cost-cutting, process optimization, or revenue generation strategies – you're simply delaying the inevitable.
Stress and Burnout for the Owner
The constant pressure of scrambling for funds and the looming threat of default can take a severe toll on the small business owner's mental and physical health. The energy that should be dedicated to strategic planning and growth is instead consumed by day-to-day financial firefighting.
Limited Access to Future Financing
Lenders view a business's history of borrowing for cash flow as a major risk factor. When you do need legitimate, purposeful debt for growth, your past borrowing habits will make it significantly harder to secure favorable terms, if at all.
Legal and Reputational Risks
Defaulting on loans due to chronic cash flow issues can lead to legal action, damaged credit, and a tarnished reputation within the business community. This can have long-lasting negative consequences for both the business and the individual owner.
Building a Cash Flow Fortress:
The Foundation of Sustainable Growth
Instead of patching holes with debt, small business owners must focus on building a robust cash flow management system. This is the ultimate preventative measure against needing to borrow for operational expenses.
Proactive Cash Flow Forecasting
The cornerstone of strong cash flow management is accurate and proactive forecasting. This isn't just about looking at your bank balance today; it's about projecting your inflows and outflows weeks and months in advance.
Tools for Forecasting
● Spreadsheets: Simple yet effective for smaller businesses.
● Accounting Software: Many modern accounting platforms offer built-in cash flow forecasting tools.
● Dedicated Cash Flow Software: Specialized solutions for more complex forecasting needs.
Key Elements of a Forecast
● Revenue Projections: Based on historical data, sales pipelines, and market trends.
● Expense Projections: Including fixed costs (rent, salaries) and variable costs (cost of goods sold, commissions).
● Payment Terms: Accounting for when you expect to receive payments from customers and when you need to pay suppliers.
● Seasonal Adjustments: Factoring in periods of high and low demand.
Optimizing Accounts Receivable
Your money is tied up in outstanding invoices. The faster you collect, the better your cash flow.
Strategies for Speedy Collections
● Clear Payment Terms: Explicitly state payment terms on all invoices.
● Prompt Invoicing: Send invoices immediately upon delivery of goods or services.
● Multiple Payment Options: Offer various payment methods (credit card, bank transfer, online payment platforms).
● Follow-Up System: Implement a systematic approach for following up on overdue invoices.
● Early Payment Incentives: Consider offering small discounts for early payments.
● Automated Reminders: Use accounting software to send automated payment reminders.
Managing Accounts Payable Strategically
While you want to collect quickly, you also want to manage your own payments effectively.
Smart Payment Practices
● Negotiate Favorable Terms: Seek longer payment terms with suppliers when possible.
● Take Advantage of Discounts: Pay early if there are discounts for prompt payment
● Avoid Late Payments: Protect your credit and relationships with suppliers by paying on time.
● Centralize Bill Paying: Streamline your payment process to avoid missing due dates.
● Prioritize Payments: Understand which payments are most critical for business continuity.
Effective Inventory Management
Excess inventory ties up valuable cash and incurs storage costs.
General Requirements (takes about 5-minutes or less to apply online)
680+ FICO score (Transunion or Experian FICO model 8.0 or similar)
Less than 15% operating loss in the last year of business
Last 2-Years of filed Business Tax Returns; Last 1-Year of filed Personal Tax Returns
Last 3-months of bank statements; copy of Driver’s License
The Due Diligence Checklist for Purposeful Debt
Before approaching a lender, thorough preparation is paramount. This due diligence ensures you present a compelling case and secure the most favorable terms.
Clear Business Plan and Projections
Lenders want to see a well-thought-out plan for how the debt will be used and how it will generate a return.
Essential Elements of Your Plan
● Executive Summary: A concise overview of your business and the loan request.
● Company Description: What your business does, its mission, and its unique selling proposition.
● Market Analysis: Industry trends, target market, and competitive landscape.
● Management Team: Biographies of key personnel and their experience.
● Product/Service Description: Details of what you offer.
● Marketing and Sales Strategy: How you will reach customers and generate revenue.
● Financial Projections: Detailed 3-5 year projections, including income statements, balance sheets, and cash flow statements, highlighting the impact of the new debt.
Detailed Use of Funds (Sources & Uses)
Be extremely specific about how every dollar of the borrowed money will be allocated.
Articulating Your Purpose
● Breakdown of Costs: Itemized list of expenditures (e.g., equipment purchase, marketing spend, renovation costs).
● Expected ROI: Quantifiable projections of how the investment will increase revenue, reduce costs, or improve efficiency.
● Timeline for Implementation: A clear schedule for deploying the funds and achieving the projected benefits.
Comprehensive Financial Statements
Lenders will scrutinize your past financial performance to assess your ability to repay.
Required Financial Documents
● Profit and Loss Statements (P&L): Typically for the past 2-3 years.
● Balance Sheets: For the past 2-3 years.
● Cash Flow Statements: For the past 2-3 years.
● Tax Returns: Business and personal tax returns for the past 2-3 years.
● Accounts Receivable and Payable Aging Reports: To show your collection and payment habits.
● Debt Schedule: A list of all existing business debts.
Strong Personal Credit Score
As a small business owner, your personal credit score often plays a significant role, especially for newer businesses.
Importance of Personal Credit
● Indicator of Financial Responsibility: Lenders view it as a reflection of your ability to manage debt.
● Collateral for Some Loans: For smaller loans, personal guarantees may be required.
● Impact on Interest Rates: A higher score can lead to lower interest rates.
Collateral (If Applicable)
Be prepared to offer collateral, especially for larger or more traditional loans.
Common Forms of Collateral
● Real Estate: Commercial or even personal property.
● Accounts Receivable: Outstanding invoices.
● Inventory: Goods held for sale.
● Equipment: Machinery, vehicles, etc.
● General Business Assets: A blanket lien on all business assets.
Crafting Your Loan Application:
Making a Compelling Case
A well-crafted loan application can significantly increase your chances of approval and secure better terms. It's more than just filling out forms; it's about telling your business's story.
Tailor Your Application to the Lender
Different lenders have different appetites for risk and specialize in different types of loans. Research who you're approaching.
Researching Lenders
● Banks (Traditional and Community): Often offer lower rates but have stricter requirements.
● Credit Unions: Similar to banks, but membership-based.
● Online Lenders: Faster approvals but often higher interest rates.
● SBA Lenders: Banks and credit unions that participate in SBA loan programs.
● Alternative Lenders: Factoring companies, merchant cash advances (exercise extreme caution).
Be Meticulous with Documentation
Any missing or incomplete documents will cause delays and may lead to rejection.
Organization is Key
● Checklist: Create a checklist of all required documents and tick them off.
● Digital Files: Organize all documents in clearly labeled digital folders.
● Professional Presentation: Ensure all documents are clean, legible, and professionally presented.
Present a Strong Narrative
Beyond the numbers, tell the story of your business and why this debt is a smart investment.
Elements of a Strong Narrative
● Your Vision: Clearly articulate your long-term vision for the business.
● The Opportunity: Explain the market opportunity you are seizing with this investment.
● Mitigation of Risks: Address any potential challenges and how you plan to overcome them.
● Your Expertise: Highlight your experience and that of your team.
● Commitment: Demonstrate your personal commitment to the business and its success.
Be Realistic and Transparent
Don't inflate projections or hide financial weaknesses. Lenders appreciate honesty.
The Value of Transparency
● Builds Trust: Lenders are more likely to work with an honest borrower.
● Allows for Solutions: If there are weaknesses, being transparent allows the lender to potentially offer solutions or alternative structures.
● Avoids Future Problems: Dishonesty can lead to default and legal issues down the line.
Practice Your Pitch
If you're meeting with a loan officer, be prepared to articulate your case concisely and confidently.
Preparing Your Pitch
● Key Messages: Identify the 3-5 most important points you want to convey.
● Anticipate Questions: Think about what questions the lender might ask and prepare your answers.
● Show Enthusiasm: Convey your passion and belief in your business.
Don't inflate projections or hide financial weaknesses. Lenders appreciate honesty.
The Value of Transparency
● Builds Trust: Lenders are more likely to work with an honest borrower.
● Allows for Solutions: If there are weaknesses, being transparent allows the lender to potentially offer solutions or alternative structures.
● Avoids Future Problems: Dishonesty can lead to default and legal issues down the line.
Practice Your Pitch
If you're meeting with a loan officer, be prepared to articulate your case concisely and confidently.
Preparing Your Pitch
● Key Messages: Identify the 3-5 most important points you want to convey.
● Anticipate Questions: Think about what questions the lender might ask and prepare your answers.
● Show Enthusiasm: Convey your passion and belief in your business.
General Requirements (takes about 5-minutes or less to apply online)
680+ FICO score (Transunion or Experian FICO model 8.0 or similar)
Less than 15% operating loss in the last year of business
Last 2-Years of filed Business Tax Returns; Last 1-Year of filed Personal Tax Returns
Last 3-months of bank statements; copy of Driver’s License
Negotiating Loan Terms: Getting the Best Deal
The loan offer isn't always a take-it-or-leave-it proposition. Smart negotiation can save your business significant money and provide more flexibility.
Understand All Loan Terms
Before you even think about negotiating, ensure you fully comprehend every aspect of the loan agreement.
Key Terms to Scrutinize
● Interest Rate: Fixed or variable, and how it's calculated.
● Fees: Origination fees, closing costs, administrative fees, prepayment penalties.
● Repayment Schedule: Frequency and amount of payments.
● Loan Term: The duration of the loan.
● Collateral Requirements: What assets are pledged.
● Covenants: Conditions the borrower must meet (e.g., maintaining certain financial ratios).
● Personal Guarantees: Whether you are personally liable for the debt.
● Default Clauses: What constitutes a default and the consequences.
● Prepayment Penalties: Fees for paying off the loan early.
Focus on Key Negotiables
While you may not be able to change everything, some terms are more amenable to negotiation.
Potential Negotiation Points
● Interest Rate: Even a small reduction can save a lot over the loan term.
● Fees: Ask for a reduction or waiver of origination fees.
● Loan Term: A longer term might reduce monthly payments (but increase total interest), while a shorter term saves on interest.
● Collateral Release: Negotiate the conditions under which collateral can be released.
● Covenants: Discuss the feasibility of covenants and try to get some flexibility.
● Prepayment Penalties: Try to eliminate or reduce these.
● Draw Schedules (for lines of credit): How often and in what amounts you can draw.
Leverage Multiple Offers
If you've received offers from more than one lender, use them to your advantage.
Competitive Bidding
● "Best Offer" Approach: Inform lenders you are seeking competitive bids and invite them to present their most favorable terms.
● Highlight Strengths: Emphasize any unique strengths of your business that might warrant better terms.
Know Your Walk-Away Point
Before negotiating, determine the absolute worst terms you are willing to accept.
Setting Your Limits
● Risk Tolerance: How much risk are you willing to take on?
● Financial Impact: How much can your business realistically afford to pay each month?
● Alternative Options: What are your alternatives if you don't get the terms you want?
Seek Professional Advice
An attorney or financial advisor can provide invaluable assistance during the negotiation phase.
Benefits of Professional Guidance
● Legal Review: Ensure all terms are fair and legally sound.
● Financial Analysis: Help you understand the long-term financial implications.
● Negotiation Experience: Professionals have experience in negotiating with lenders.
Managing Purposeful Debt Responsibly
Securing purposeful debt is just the first step. Effective management is crucial to ensure it delivers the intended benefits and doesn't become a burden.
Adhere to the Original Purpose
Do not divert funds borrowed for a specific purpose to cover cash flow gaps. This undermines the entire strategy.
Staying on Track
● Separate Accounts: Consider using a separate bank account for the borrowed funds to track their usage.
● Detailed Tracking: Keep meticulous records of how every dollar is spent according to the original plan.
● Regular Review: Periodically review the spending against the projected use of funds.
Monitor ROI Closely
Regularly track the performance of the investment funded by the debt. Are you achieving the projected returns?
Performance Monitoring
● Key Performance Indicators (KPIs): Establish measurable KPIs related to the debt-funded project (e.g., increased sales, reduced production costs, new customer acquisition).
● Variance Analysis: Compare actual results against your financial projections.
● Adjustment if Needed: Be prepared to make operational adjustments if the investment isn't performing as expected.
Maintain Excellent Repayment Discipline
Make all payments on time, every time. This protects your credit and relationship with the lender.
Best Practices for Payments
● Automate Payments: Set up automatic payments to avoid missing due dates.
● Buffer Funds: Keep sufficient funds in your payment account.
● Early Payments (When Possible): If there are no prepayment penalties and you have excess cash, consider paying down principal to reduce total interest.
Ongoing Financial Health Checks
Debt management is an ongoing process that requires constant vigilance over your overall financial health.
Regular Financial Reviews
● Monthly P&L and Balance Sheet Review: Understand your current financial position.
● Cash Flow Projections Updates: Regularly update your forecasts based on actual performance.
● Debt-to-Equity Ratio Monitoring: Keep an eye on your overall leverage.
● Review of Covenants: Ensure you are meeting all loan covenants.
Communicate with Your Lender
If you anticipate any challenges in meeting your obligations, communicate proactively with your lender.
Proactive Communication
● Honesty: Be honest about any financial difficulties you foresee.
● Solutions-Oriented: Present potential solutions or alternative payment plans.
● Avoid Surprises: Lenders prefer to know in advance rather than being surprised by a missed payment.
The Clear Delineation:
When Debt is a Tool vs. a Trap
It's crucial to consistently remind yourself of the fundamental difference between these two forms of debt. The difference lies in intent, outcome, and the underlying health of your business.
Purposeful Debt: An Investment
● Intent: To generate future revenue, increase efficiency, or acquire appreciating assets.
● Outcome: Increased profitability, enhanced business value, competitive advantage.
● Underlying Health: Business is fundamentally sound, with positive cash flow. Debt accelerates growth.
● Decision-Making: Strategic, calculated, based on thorough analysis and ROI projections.
● Risk Profile: Calculated risk with a clear path to repayment from the new revenue or savings generated.
Debt to Fill Cash Flow Gaps: A Symptom
● Intent: To cover immediate operational shortfalls, pay overdue bills, or simply stay afloat.
● Outcome: Increased financial stress, erosion of profitability, deeper debt spiral, masked inefficiencies.
● Underlying Health: Business is experiencing chronic cash flow problems, possibly unsustainable operations. Debt delays collapse.
● Decision-Making: Reactive, often desperate, driven by immediate need rather than long-term strategy.
● Risk Profile: High risk, with no clear new revenue stream to support repayment, leading to further reliance on debt.
The "Why" is Everything
The primary question a small business owner must ask before taking on any debt is "Why am I doing this?" If the honest answer is "because I don't have enough cash to cover my current expenses," then debt is a dangerous trap, not a viable solution. If the answer is "to invest in X, which will bring Y return and grow my business," then it's a powerful tool.
Alternatives to Debt for Cash Flow Management
If you find yourself in a situation where you're tempted to use debt to fill cash flow gaps, stop. Instead, explore these healthier alternatives.
Improve Accounts Receivable Management
This is often the quickest way to inject cash into your business.
Accelerated Collections
● Automated Reminders: Use software to send polite, automated reminders before and after due dates.
● Personalized Follow-Up: For larger invoices, a personal call or email can be effective.
● Early Payment Discounts: Offer a small discount (e.g., 1-2%) for payment within 7-10 days.
● Partial Payments/Payment Plans: For struggling clients, offer a structured payment plan.
● Factoring/Invoice Financing (Use with caution): Selling your invoices to a third party at a discount. This is a short-term solution and can be expensive, but less dangerous than pure debt.
Optimize Inventory
Excess inventory is cash sitting on a shelf.
Smart Inventory Practices
● Just-in-Time (JIT): Order inventory only when needed, minimizing holding costs.
● Supplier Relationships: Negotiate favorable terms and quick delivery times.
● Promote Slow-Moving Stock: Offer discounts or bundles to clear out old inventory.
● Return Policies: Understand and utilize supplier return policies.
Cut Unnecessary Expenses
A deep dive into your spending can reveal surprising opportunities for savings.
Expense Review Strategies
● Line-by-Line Audit: Review every expense on your P&L.
● Negotiate with Vendors: Don't be afraid to ask for better rates from existing suppliers.
● Reduce Discretionary Spending: Travel, entertainment, non-essential subscriptions.
● Optimize Utilities: Energy audits, smart thermostats, LED lighting.
● Review Software Subscriptions: Are you using all the features of expensive software? Can you downgrade or find alternatives?
● Remote Work Options: Reduce office space costs if feasible.
● Tax Optimization: Ensure you are taking advantage of all eligible deductions.
Boost Sales and Revenue
Ultimately, more money coming in solves many cash flow problems.
Revenue Generation Tactics
● Promotional Offers: Run targeted campaigns to attract new customers or increase sales to existing ones.
● Upselling/Cross-selling: Encourage customers to purchase higher-value items or complementary products/services.
● New Product/Service Launches (Low Cost): Introduce offerings that require minimal upfront investment.
● Referral Programs: Incentivize existing customers to bring in new business.
● Strategic Pricing Adjustments: Ensure your pricing reflects the value you provide and covers your costs.
● Customer Retention: It's cheaper to keep an existing customer than acquire a new one.
Consider Equity Financing (for growth, not gaps)
For significant growth opportunities, bringing in an investor who takes an ownership stake can be a viable alternative to debt. This provides capital without the burden of repayments.
Equity Financing Pros and Cons
● Pros: No debt repayments, shared risk, access to investor expertise.
● Cons: Dilution of ownership, loss of some control, can be a lengthy process.
Owner Investment
If possible, an owner injection of personal funds can sometimes bridge a temporary gap without incurring external debt.
Personal Investment Considerations
● Financial Capacity: Only if you have personal funds available without jeopardizing your own financial security.
● Clear Plan for Repayment (to yourself): Treat it as an internal loan with a clear repayment plan.
By rigorously adhering to sound financial management principles and recognizing the clear distinction between purposeful debt and the dangerous practice of borrowing to cover cash flow gaps, small business owners can leverage debt as a powerful tool for sustainable growth, rather than a path to financial distress. Your business's future depends on this critical understanding.
We can help you navigate through
the Small Business financing maze.The sooner you act, the more options you’ll have!
Schedule a consultation today and take the first step toward saving your business and your future.
Remember, more business debt isn’t the answer. A more effective business strategy is.
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Bernarsky Advisors
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Refinance. Restructure. Reorganize.
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WHAT IS THE BEST AND SAFEST WAY FOR YOUR BUSINESS TO DEAL WITH HIGH BUSINESS DEBT PAYMENTS?
It is NOT by stopping ACH payments.
It is NOT by taking on another business loan.
It is NOT ALWAYS a Refinancing
It is NOT by entering into a debt settlement program.
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