Her Ceo Journey

As a female founder and CEO, you might think that debt in your business is a bad thing. However, did you know that if you’re running a business, chances are, you likely already have business debt? One form of business debt is paying your suppliers a few days after they send an invoice. Now, this is a type of short-term debt financing strategy. There are many other ways you can leverage business debt finance to build and grow your business. You just need to learn how.In this episode, I’ll discuss the calculations you need for determining if your business is ready to take on debt as a financing strategy. Debt doesn’t have to be scary. In fact, there’s a wealth of possibilities you can explore if you have the right mindset. So tune in to this episode to learn more!Episode Highlights[01:35] Business Debt and Debt Financing[03:09] Thinking Like a Lender Tip #1: Debt Service Coverage Ratio[04:36] Thinking Like a Lender Tip #2: Business Debt-to-Income Ratio[05:25] Thinking Like A Lender Tip #3: Assessing Debt Paymen