Financing or paying cash: a question as old as time when it comes to growing a business. For us personally, anytime we can utilize debt at 4% (on average) or lower, it's a good choice. Couple that with 15-20% down for a conservative financial recipe for growth.
Take that income and pay off your debts once you take that new asset and grow your revenues and profits. You'd be silly to not leverage 0% interest in your company, especially when you're in a growth phase.
Do you guys borrow or stick to paying cash? Let me know in the comments below.
Did you miss our previous article...
https://lawnmaintenancetips.com/lawn-maintenance-tips/this-wont-be-easylawncare-youtube-shorts