M&T Bank

Infographic: 7 Ways to Grow Your Business by Using Debt Wisely

Entrepreneurs can use smart borrowing techniques to grow their businesses.

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Disclosures

1 Small Business Credit Survey, Federal Reserve Banks, 2019, Page 5 https://www.fedsmallbusiness.org/medialibrary/fedsmallbusiness/files/2019/sbcs-employer-firms-report.pdf.

2 Score.org, How Much Cash Should Businesses Keep in Reserve? https://www.score.org/blog/how-much-cash-should-small-business-keep-reserve.

3 Small Business Credit Survey, Federal Reserve Banks, 2019, Page 10 https://www.fedsmallbusiness.org/medialibrary/fedsmallbusiness/files/2019/sbcs-employer-firms-report.pdf.

4https://www.irs.gov/newsroom/basic-questions-and-answers-about-the-limitation-on-the-deduction-for-business-interest-expense.

5 M&T Bank Article, Use Loans to Fuel Your Small Business Growth, 8/2018. https://library.mtb.com/using-loans-to-fuel-your-small-business-growth.