A major advantage of debt financing is that interest expense is tax deductible.
BT: Knowledge

Name: A major advantage of debt financing is that interest expense is tax deductible. BT: Knowledge
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Interest expense on debt is considered a business expense, which means it can be deducted from taxable income. This lowers the amount of income subject to taxes, making debt financing more attractive for many businesses.

A Major Advantage of Debt Financing Is That Interest Expense