As long as you cash flow you’re fine. Ppl freak about interest rates which imo is not fully justified. Disclaimer: obviously I would prefer 3.99% business loan to 15%. But at the end of the day, if I can still profit at 15% (yes it means it’s harder to succeed because less cash to the business, I am aware) then it’s fine. Just do your due diligence, develop very conservative projections, and don’t be dumb. You’ll be fine.
As long as you cash flow you’re fine. Ppl freak about interest rates which imo is not fully justified. Disclaimer: obviously I would prefer 3.99% business loan to 15%. But at the end of the day, if I can still profit at 15% (yes it means it’s harder to succeed because less cash to the business, I am aware) then it’s fine. Just do your due diligence, develop very conservative projections, and don’t be dumb. You’ll be fine.