Small-business owners carry bigger debt loads than they did pre-pandemic

Submitted by Anonymous (not verified) on Fri, 03/08/2024 - 01:53
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Small-business owners carry bigger debt loads than they did pre-pandemic   Biz Journals is reporting that Small Business owners are now carrying bigger debt loads that they did pre-pandemic. The increased debt load combined with higher interest rates is proving to be a "toxic mix." At Shenwick & Associates, we are witnessing a significant rise in business bankruptcies, personal bankruptcy filings, and workouts.The Biz Journal article can be found athttps://www.bizjournals.com/orlando/news/2024/03/07/small-business-debt-loans-federal-reserve-interest.html
Jim Shenwick, Esq  917 363 3391  [email protected] Please click the link to schedule a telephone call with me.https://calendly.com/james-shenwick/15minWe held individuals & businesses with too much debt!