I bought a company with SBA loans last year, but with interest rate changes, debt is costing 9%+. Been thinking about raising equity to de-risk and improve cash flow. Anyone dealing with similar issues and have thoughts on structure? I want to retain control, but am open otherwise.
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I’d be intrigued to hear if you landed on a solution and how that decision has been going for you and the business. DM if interested in connecting and sharing your story.
Best
Marc