Refinance Your Business Debt
Debt refinancing usually happens in a declining interest rate environment. When you refinance your debt, you take out a new loan – usually a larger loan – at a lower interest rate to pay off an existing loan.
Original Article Source Credits: Quickbooks , https://quickbooks.intuit.com/
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Link to Original Article: https://quickbooks.intuit.com/ca/resources/cash-flow/refinance-your-business-debt/