Saving is it worth it or is credit easier?
Is it not easier to get credit than to save cash?
Louise points out that the problem with credit is you often get it when you have money, however the problems arise when you then hit not as good times and you can’t afford to pay it back. This can send you into an endless spiral.
Ed also points out that it can be difficult to arrange credit as it is hard work to go to a bank and put a case for why your company should receive the credit and also convince the lender that you can pay it back. Ed states that is one of the biggest problems a small business will face.