This is simple-minded. I am reminded of a piece of advice with which my secured transactions professor would always caution us:
If you borrow $1000, it is your problem. If you borrow $1,000,000, it is the bank's problem.
Truer words never spoken.
How true. I worked for a company that was OK financially although they had a relatively large bank debt. Our group got a large contract with prepayment for R&D expenses. The idiot finance VP took that money and paid down the bank debt. We had no R&D money and then became a target for the bank and ended up in bankruptcy.