The advantages of loans may include the ability to boost a company's credit rating. Taking out loans also means a company can keep its cash to be used for investments.
Can increase credit rating with on-time payments.
Do not have to use cash or investments
Disadvantage of loan
Loans do come with disadvantages, however. Loans, as contractual arrangements and agreements, must be repaid. If the company refuses to repay the loan, the creditor, or creditors, can enforce repayment.
Can increase credit rating with on-time payments.
Do not have to use cash or investments
Disadvantage of loan
Loans do come with disadvantages, however. Loans, as contractual arrangements and agreements, must be repaid. If the company refuses to repay the loan, the creditor, or creditors, can enforce repayment.
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