Hosted by SBTDC
Taking on debt can be a powerful way to grow your business — but only if you and your business are truly ready. Being prepared goes beyond the numbers; it requires the right mindset, clear goals, and confidence in your ability to manage repayment. This session will help you evaluate both the financial and emotional aspects of borrowing so you can make informed, strategic decisions about using debt as a tool for growth.
In this webinar, participants will learn:
- What “debt readiness” means for business owners
- How to assess your financial capacity to take on and manage debt
- The mental and emotional factors that influence borrowing decisions
- Common myths and fears about business debt — and how to address them
- How to align debt with your long-term business goals
- Practical steps to strengthen your readiness before applying for a loan