How Much Debt Is Too Much?
Shouldn't borrow what you can't pay back--that's how we got into this whole economic mess in the first place. But figuring out how much debt you can take on--or, put another way, how much a lender is willing to extend (for they may not be the same thing)--is a bit tricky.
Source: Dileep Rao, Ph.D., 08.28.09, 04:56 PM EDT, forbes.com
http://www.forbes.com/2009/08/28/interest-coverage-ratios-entrepreneurs-finance-dileep.html
Source: Dileep Rao, Ph.D., 08.28.09, 04:56 PM EDT, forbes.com
http://www.forbes.com/2009/08/28/interest-coverage-ratios-entrepreneurs-finance-dileep.html
Labels: appraisals, borrowing, Economy, small business

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