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Don't Be Afraid Of Debt

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Running Time: 6:22

Date: 01/10/2013

The Global Financial Crisis made debt a dirty word - and the mud has stuck. But borrowing to grow is still sound business practice.

Borrowing money to build a business is a time-honoured way of moving from the start-up stage to firmer ground. But, since the GFC, debt has taken on the character of something to be avoided at almost any cost. And harder to come by too, as banks raise the bar for business lending. But is it really a bad thing? Financial adviser Bruce Brammall of Castellan Financial Consulting, doesn't think so. The author of "Debt Man Walking", Bruce sees debt as an important and useful business tool - used properly, it can make the difference between growth and stagnation.

  

Topics: Accounting & Tax, Financial Management, Investment


Bruce Brammall, Castellan Financial Consulting