English, asked by lodhiv462uu, 2 months ago

write the disadvantage of borrowing​

Answers

Answered by amarjyotijyoti87
3

Answer:

Disadvantage: High-Interest Rates

That could potentially make the loan very difficult to repay. There is also the possibility that the terms of the loan can change during the life of the loan, making it unfavorable for your business.

Answered by XxDREAMKINGxX
6

Explanation:

Disadvantage of borrowing : you risk foreclosure you can't reply the loan a bank won't take ownership of your business when you first take out loan

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