What is a disadvanageof dept financing?

What is a disadvanageof dept financing?
The main disadvantage of debt financing is that it requires a small business to make regular monthly payments of principal and interest. Very young companies often experience shortages in cash flow that may make such regular payments difficult. Most lenders provide severe penalties for late or missed payments, which may include charging late fees, taking possession of collateral, or calling the loan due early. Another disadvantage associated with debt financing is that its availability is often limited to established businesses.