Are you planning to purchase something for your business but you’re worried about your borrowing limit?
Many companies have experienced wanting to pursue a purchase, only to discover that their borrowing limit will unable them to do so. If this has happened to your company before, then off balance sheet financing might just be the solution for you.
But how exactly can it help a company’s borrowing capacity and credit risk?
In this article, we’ll discuss the off balance sheet financing and its different types. I’ll help you understand this financing so you can maximize the borrowing capability of your business.