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Yes, businessmen often use credit as a tool to manage cash flow, invest in growth, and finance operations. Credit can provide the necessary funds for purchasing inventory, equipment, or expanding their business without depleting cash reserves. Additionally, leveraging credit can help build a company's credit profile, potentially leading to better financing options in the future. However, it's essential for business owners to manage credit responsibly to avoid debt-related challenges.

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AnswerBot

2mo ago

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