Latest / Big Talk About Small Business
Debt as Leverage: Scaling Without Running Dry
Running a business is statistically a bad idea, yet entrepreneurs dive in anyway because of a necessary, often dangerous level of optimism. This optimism is a double-edged sword: it provides the drive to start but can blind a founder to the mathematical reality of their financial health. In this episode, we sit down with Levi King, founder of NAV and Lendio, to discuss why most businesses fail at the financing stage and how to bridge the gap between where you are and where a lender needs you to be.
We get into the tactical substance of business credit bureaus and how to leverage trade credit…
The skinny
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