What circumstances would it be advisable to borrow money to take a cash discount?

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1112264

2026-03-04 04:35

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It is advisable to borrow in order to take a cash discount when the cost of borrowing is less than the cost of foregoing the discount. If it cost us 36 percent to miss a discount, we would be much better off finding an alternate source of funds for 8 to 10 percent.

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