Leveraging Good Debt for Business Growth
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In an economic climate where agility can make or break a business, understanding the difference between “good debt” and risky borrowing has never been more crucial. KayaBiz, Gugulethu Mfuphi chats to Pascalle Albrecht, Executive for Commercial Issuing, Product at Absa Business Banking, to unpack how entrepreneurs can use good debt as a strategic lever for growth.
With the festive season and Black Friday spending spikes upon us, businesses often face mounting cash flow pressures from stocking up ahead of demand to navigating delayed client payments. Pascalle breaks down how tools like the Absa Business Revolve Credit Card and a business line of credit can help entrepreneurs manage working capital, seize seasonal opportunities, cushion unexpected shocks, and fuel expansion without compromising long-term financial stability.
With the festive season and Black Friday spending spikes upon us, businesses often face mounting cash flow pressures from stocking up ahead of demand to navigating delayed client payments. Pascalle breaks down how tools like the Absa Business Revolve Credit Card and a business line of credit can help entrepreneurs manage working capital, seize seasonal opportunities, cushion unexpected shocks, and fuel expansion without compromising long-term financial stability.
