Business finance: The ultimate guide for non-finance people
BMT Office Administration
JUNE 26, 2023
In particular, traditional business financing options like bank loans have been declining since 2020 — where they fell 6% from 2019 (43% to 37%, respectively). It also depends on the health of the economy, as banks are less willing to give out business loans during recessions. Why is that? What are the advantages of debt financing?
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