We have seen many clients use debt as one of the funding method. This is obvious in many businesses. We have seen many businesses going into administration because they are unable to repay their loan.
We always advise our clients, we plans debt funding to be aware and conscious of the cashflow and the pay back period. Every businesses should follow “cash is king” mentality and it is. it can create a complete chaotic situation if this cannot be managed well.
Plan ahead for the next 3-5 years before you apply for debt whether the business will be able to fund it and decide accordingly.
If you need help please contact us on 0207 193 8157.
