Consolidating and refinancing business debt
Knowing how to manage debt is vital. Consolidation and refinancing are two ways to restructure what your business owes.
Learning how to manage debt is a crucial part of running a business.
Yet, all too commonly, adverse trading conditions make your existing debt a burden that sucks cash out of the business.
If you want to reduce your debt by making the cost of servicing it more manageable, you can consider consolidating a number of separate loans and/or refinancing a single loan.
Consolidating and refinancing are two separate approaches to restructuring your business debt.
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