I paid cash for everything in the first three years of business, but mainly because I didn't have any credit history. I will still buy used trucks if I can get a good deal, but now I will only buy new mowing equipment and finance it. I financed a few mowers in the summer for 0%, 0 down, 48months and the first payment doesnt start until april. On top of that, I can depreciate the full value in the first year of purchase on my taxes without paying a cent on the mowers until next year. I have enough capital saved up to pay off my loans today, but it would be stupid to pay cash when I can borrow that money for free. Even if I have to pay interest on a business loan, I can write off the cost of interest on my taxes. I just don't see why people brag about not having liability/debt and paying cash for everything. Having loans is a good thing if your responsible about it and if you have the cashflow (not just the capital) to pay for it.