What if there is a sudden need for money that the owners of a crypto business cannot afford, how do they raise money for it without borrowing or taking loans? It is not abnormal for a business to borrow; most businesses are not completely free from debts. What is important is how they are handling it, as a business don't take loans that you know will be difficult to pay in a short period, staying in debt for a long time in business can bring problems to the business.
You are probably right, many businesses are forced to take loans in order to develop, or cover temporary obligations, but each loan must be accurately calculated in the current situation. Almost every situation can be foreseen, and if a company has a weak spot, be sure that sooner or later competitors will want to hit into this place.