Sara Rumble

What kind of strategies do businesses have in place to reduce the risk of potential interest rate rise?

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1 Answer

Steven Freeman

If you're borrowing money it is prudent to assume the rate may jump 2-3% more (and have at least 3-6 months of buffer cashflow on tap to ride out some unpredictable rougher patches), so it needs to be factored in. As for the impact on your suppliers and clients, it's hard to mitigate and control that component - so it's all part of your risk management strategy.

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