SoCal banks awarded $330M for small business loans, support
If you are very confident that you will be able to generate high returns that will satisfy your investors, raising outside money can be a great option. The interest payments you make on debt is tax deductible, which makes debt financing an especially intriguing option for small business owners. Debt financing is the process of financing your small business through a loan, which must be paid back with interest. This includes short-term loans to provide some working capital and longer-term loans that can fund a business for years. For example, Wistia recently decided to take on $17M in debt in … Read more