Profit is a phase for most small businesses, and all business owners are aware of this norm. It is just a part of running a business. The rest of the time goes into figuring out ways to siphon money from stagnated projects to newer ones that need funding. Business owners are struggling to pay bills and creditors the rest of the time. Smaller companies have lesser options of cash inflow, and that is the truth.
Most business owners feel flustered with multiple creditors, bill payments, and interest rates. Most small businesses run on credit. The owners struggle in vain to get off the hamster wheel of debts and finally trip and fall headfirst into bankruptcy. Many entrepreneurs think that they do not have as many funding options either due to the small size of their business or due to the lack of available resources. This is not true anymore.
The smartest way to get a grip on your business debts is to apply for debt consolidation. This is when you trade in high debts for easier ones. You can coalesce your existing business debts and take out another big loan to pay them off at one go. This is business debt refinancing. You can pay off the new large loan later in easy installments.