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BruceR
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My advice would be that if you don’t need a loan and have sufficient working capital then don’t get yourself into debt – which I agree would be extremely difficult anyway given your recent history.

To obtain a tax deduction should never be a factor in a business decision. In the first year in particular you should allow for more costs (i.e. deductions) than you might foresee now.

If in a year’s time your business (not you personally) needs and can support a loan then look at it then.