Rising interest rates are leading small-business owners to cut back on borrowing, delay expansion and brace for weaker customer demand
Some firms are cutting back on borrowing or delaying expansion, while others brace for indirect impact like weaker customer demandNeeta Satam for The Wall Street JournalAdd 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.
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