Are You A Non-Borrower?

Interestingly, a study by the Small Business Administration released in June, says that from 20% to 25% of small businesses in the U.S. are �non-borrowers.� That is, they do not use any credit. These firms have received virtually no attention from academic researchers, according to the study by Rebel Cole titled, �Bank Credit, Trade Credit or No Credit: Evidence From The Surveys of Small Business Finances.�

Thought: Maybe leveraging your small business into a big hole of debt isn�t the best solution, even if that�s what many of the �experts� suggest.