Growth is the lifeblood of every young business. Yet sometimes it seems too risky to take out finance to take your company to the next level. So what are the signs that you should seek to borrow?
Your customers are spending more
Growing your business doesn’t simply involve taking on new customers: you may find that your existing customer base is ramping up its spending. When this happens, you may need to borrow to finance the people, equipment and raw materials to meet their evolving needs.