Rising Interest Rates Put Small Business Owners’ Plans on Hold

Add rising interest rates to the challenges that small businesses are already grappling with, including inflation, labor shortages and strained supply chains.

Some small businesses are cutting back on borrowing, paying down debt or delaying expansion plans as interest rates rise. Others worry that rising rates will boost prices charged by suppliers and crimp customer demand.

.

Leave a Comment

Your email address will not be published. Required fields are marked *