“Before taking on any debt, consider your business forecasts. Does your business have a stable base of customers and does it continue to grow year after year? If your business is still in an unstable financial situation, taking on debt may be too risky.”

When is more Business Debt a Bad Idea?

Here are a few reasons you may not want to take on more business debt:

• Repayment: When you take on business debt, it has to be repaid in full with interest or financing charges. If you don’t follow through on your repayment terms you could damage your credit and business relationships.

• High interest rates: Certain types of debt come with high interest rates. If you don’t stay on top of your monthly payments, the amount of interest you owe can get out of control. 

• Credit rating: If you take on too much debt in a short period of time, this can negatively impact your credit rating since it signals you may be over-extended financially. 

• Cash flow: Too much debt can adversely affect your cash flow. This is because your lenders typically expect the debt to be repaid in equal installments regardless of your income.

BUSINESS DEBT & CASH FLOW SOLUTIONS
 

Bernarsky Partners LLC is a business financial services advisory firm comprised of finance professionals with extensive industry experience offering Business Debt Solutions.

Some of our Business Debt Solutions include:

1. REFINANCING BUSINESS DEBT

2. RESTRUCTURING BUSINESS DEBT

3. BUSINESS REORGANIZATION

4. BUSINESS CASH FLOW ANALYSIS

Setup a free consultation call  with us to review your business debt and cash flow situation, business goals and to discuss Business Debt refinancing and restructuring options.