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Refinancing Expensive Debt

MarkB

MarkB

New Member
Staff member
The vast majority of businesses will at some point need to take on debt to expand or even see them through short term cash flow issues. We are currently in an environment where debt is historical cheap which begs the question, have you considered refinancing debts taken on at relatively high interest rates in the past?

There may be an opportunity to reduce interest payments or even make the same loan repayments and pay down you debts quicker thereby reduce accumulated interest charges.
 

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