Inc.

Climbing Out of Debt

It’s easy to fall into a debt hole when you have a fast-growing startup, but with the right strategy, you can usually find a way out.

I hear from a lot of entrepreneurs who are having problems and don’t understand why. If you look hard enough, there’s always a logical reason for whatever has happened, but it can be difficult to pinpoint when you’re dealing with a variety of issues at the same time. It’s especially tough if you’ve had to take on debt from multiple lenders to finance your growth and they are

You're reading a preview, sign up to read more.

More from Inc.

Inc.4 min readTech
Why Now?
One sound bite still lingers from the days before the Great Dot-Com Crash of 2000, courtesy of an investment banker who insisted he wasn’t concerned about the tsunami of funding sloshing around the IPO market. “It’s Wall Street’s job to throw money a
Inc.2 min read
How I Was Fired From My Company—and Bounced Back
Stacy Spikes is currently running his movie-ticket startup, PreShow. But he’s best known for co-founding MoviePass in 2011. In 2017, MoviePass was bought by analytics firm Helios + Matheson, which soon dismissed Spikes as COO. It forced him to grapp
Inc.2 min read
How I Learned To Be A CEO
Angela Ceresnie was “really comfortable” being COO at Orchard Platform, the fintech firm she co-founded. In 2016, she took on the same role at Climb Credit, which provides student loans for career training. Eventually, she was offered Climb’s top jo