Identify two risks of using debt financing for a small business. Identify one benefit of using debt financing for a small business. Describe a bank's information requirements from a business seeking a loan. Explain loan covenants, with a specific example of one. Pose one question related to the bank loans.

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Two risks of using debt financing for a small business are 1 Financial risk Debt financing increases the financial leverage of a small business meanin... View the full answer