EPISODE 190 : When to Consider a Business Loan or Line of Credit: Knowing When and Why You Need It

Thinking about whether a business loan or a line of credit is the right move for your business, but overwhelmed by all the jargon and fine print? You are not alone—this episode is for you!

Here’s what you can expect in this episode of The Boring Sh!t in Business: We take a no-nonsense, practical look at business loans versus lines of credit. I’ll walk you through what each actually means, what makes them different, and (most importantly!) how you’ll know which one fits your business best. You’ll discover:

• The real differences between a loan and a line of credit, explained simply

• When you should consider a loan (hint: big investments or planned upgrades)

• The best times to use a line of credit (think: cash flow gaps, surprise expenses, or seasonal swings)

• The pros, cons, and potential pitfalls of each option—no sugarcoating!

• The exact questions to ask yourself before talking to any lender

• My honest advice for making sure this crucial financial decision actually helps your business long term, not just patches a short-term hole

By the end, you’ll not only feel more confident in understanding these options, but you’ll have a clear sense of which one supports your long-term business goals. If you’re feeling unsure about what’s best for your business or you want help mapping out the strategy—don’t be shy! Reach out and let’s talk through your numbers. That’s what I’m here for.

Ready to get clear and make smart financial moves your future self will thank you for?

Press play now and let’s break down the boring sh!t—together!

And if you want to chat about which strategy might suit you best .. simply email me at [e-mail]