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The Impact of Interest Rates on Business Loans: Strategies for Mitigation

The article from ThePrint discusses the significant impact of interest rates on business loans and outlines various strategies for businesses to mitigate these effects. It explains that higher interest rates increase the cost of borrowing, which can strain a company's cash flow and profitability, particularly affecting small and medium-sized enterprises (SMEs). To manage these challenges, the article suggests businesses should consider fixed-rate loans to lock in current rates, explore alternative financing options like crowdfunding or angel investors, and improve their creditworthiness to secure better loan terms. Additionally, it recommends that businesses maintain a strong cash reserve and closely monitor economic indicators to anticipate interest rate changes, thereby enabling them to adapt their financial strategies proactively.

Read the Full ThePrint Article at:
[ https://theprint.in/ani-press-releases/the-impact-of-interest-rates-on-business-loans-strategies-for-mitigation/2466678/ ]