The vast majority of small businesses require credit in the beginning, and a lot of them maintain some level of credit debt while in business. The debt is usually in the form of credit card(s) because they are easy to obtain, have low monthly payments and come with long term payoff plans. All to often the business's debt is tied to the entrepreneur's personal finances because the credit/charge cards are in their name, meaning the credit is backed by their personal assets. This is a necessary not-so-good (not quite at the level of evil), which many face when making their dreams come true. Using credit cards and getting into debt are not concerning in and of themselves; rather, it is the amount of indebtedness and length of time to pay off the debts that cause the problems.
Nugget of knowledge: Credit card debt may be a way to START your business, it isn't a way to STAY in business.
Additional resources:
The Credit Process: A Guide for Small Business Owners
Small Business Loans & Grants
