
In the past when I have tackled this topic, we were expecting significant interest rate increases. However, most recently we have seen interest rates decline. That still begs the question – as a business owner, what should you do? There are several things you can do as a business owner to take advantage of historically low rates.
- Refinance – If you have any long term debt that carries a high interest rate, you should consider refinancing this debt. Be sure to review your documentation for exit or penalty fees. Also, keep in mind, even if you have…