
RV E4 - Alternative Funding Options, Finding Mentorship, and C-Suite Alignment | Tik Tok Live 17
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How to Grow Your Business Faster Than the Interest Rate on Your Debt
This only works, I'm not going to say it only works, but it typically works for companies that have recurring revenue model businesses. It's essentially accounts receivable financing. And so people think that in personal debt, there's a lot of bad debt. But when you bring it into business, if you can grow the business faster than the interest rate on the debt, and you can grow cash flow and profitability, this strategy makes sense.
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