Speaking about the loans, it must be said again that taking a loan is not a bad thing because most of the big companies expanded their companies by taking loans in their early stages. And for some logical reason, taking a loan is often a wise thing to do because every now and then, there is an opportunity in business, and there is no guarantee that that opportunity will always come, so even if you don't have the money, it is wise to arrange for a loan.
But at the same time, I would also say that these things are fine as long as you are buying the things by loan just for showoff.
That is the risk you take when you are a company. Lets say that I can take out a 20k loan today, I mean I can, banks do give me that much loan, I would cover all my personal debt for 5k, and the other 15k would be ok for me to start a business. That means, if I do make enough money with my business, I will not only pay the debt back, but I would also profit.
The "risk" however, is that, what if I do not make any money from the business? What if I lose? Remember, even the huge companies with cash, ends up getting a loan, but if they fail to make money, even if they do not bankrupt, shareholders will sell their stock and that would drop the share price, which would ruin a company. So always try to pay your loans back, and make a profit, otherwise, it's a huge risk.