Debt is cheaper than equity, but many young business don't have access to affordable debt until now.
Those looking to grow need to fuel that growth. At some point this requires cash. The choice is whether to fuel growth out of the cash from operations or an infusion of cash from your own pockets, someone else’s pockets, or some sort of debt. I’m not arguing that debt is the answer. And I’m certainly not arguing that higher-interest debt is the answer. I’m just suggesting that entrepreneurs looking to grow should consider different alternates to fuel that growth.