Can My Company Afford a Business Loan?

Can My Company Afford a Business Loan?

When a company is looking for finance to power growth, the main question that they have to ask themselves is ‘can they afford this business loan?’ Debt Service Coverage Ratio For an individual or business to understand if and how much they can borrow, they have to first work out what they can afford to repay. Use the figures from your bookkeeping Kent to work out your finances. By calculating their debt service coverage ratio, they will be able to find out how much cash is available to pay back…