30% of Brazilian entrepreneurs take out loans to keep cash flow out of the red – survey

Even with the predominance of loans for working capital, the survey also observed an increase in credit applications for starting a new business, the second most common reason.

RIO DE JANEIRO, BRAZIL - Research shows that keeping the cash flow out of the red motivates more than 30% of entrepreneurs to seek loans. Other reasons are opening new businesses and paying debts.

When facing a challenging economic context for business continuity, the search for credit among entrepreneurs is mostly done to keep the cash flow in the red. According to a survey by Lendico, a fintech specialized in personal credit, 34% of entrepreneurs take out loans for working capital.

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