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What to consider before taking out a loan  – Part 2
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What to consider before taking out a loan – Part 2

As we continue with last week’s column, the decision to take up a loan should be backed by thorough due diligence, and the economic returns should outweigh the total loan cost. Many businesses, as we know, rely to a lesser extent on borrowing funds. The selection and the management of debt are fundamental aspects of the management of any business and their impact on the business cash flow.