cash management

Dos and Don'ts of Borrowing for Your Business

Dos and Don'ts of Borrowing for Your Business

Most businesses will need to borrow money at some point. Some common examples of borrowing needs include start-up funding, capital investment and, more recently, COVID-related operating expenses. Borrowing money should be a careful and well-thought-out decision, and should include a thorough understanding and examination of the terms and conditions involved in the debt contract.