Tag: cost of debt formula

Why Your Business Loan Costs More Than the Bank Says It Does

Posted on October 16, 2025 by Edwin Schneider

Jake phoned me six months after starting his roofing business. “This loan’s killing me, man.” “What’d you expect? You knew it was 6%.” “Yes, but it feels 10 times as expensive.” That’s the funny thing… Jake never even realized what that debt was costing him. He never did the math, he said; he simply glanced […]

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