Establishing a business by borrowing is the same as putting yourself in danger. Maybe I established a business by borrowing money at high interest rates or taking out a loan, but later on, it will be a real challenge to pay back the money, including interest, from the amount of money I will earn from the business. Therefore, caution should be exercised when establishing a business by taking out a loan or borrowing.
Unless it's an already existing business that just needs financial support that I can take out a loan to support, if not, it's not worth it to take out a loan to start up a business knowing the kind of challenges that new businesses face; if the person is not careful enough, the business might not be able to pay off that loan with interest; instead, the person will still be buried in debt.