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Debt or equity: Every source of capital has a price

By James Mungai | 10h ago

Choosing between debt and equity could determine your business's future. [iStockphoto]

I’ve lost count of the files that land on my desk with the same story underneath. A founder took a 12-month loan to fund a three-year expansion.

A trader ran his stock on an overdraft meant for emergencies. A clinic owner started paying the bank before the first patient had even walked in.

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