[Verse 1]
Sarah signed the papers for her consulting dream
Business loan approved, cash flowing like a stream
Monthly payments due, but here's the golden key
Interest that you pay becomes your CRA decree
Document each dollar that the bank takes as their fee
Deductible expense for your small company
[Chorus]
Business interest counts, write it down today
Lines of credit, loans - they all can pave your way
Credit cards for office, equipment that you lease
Interest portions qualify for tax relief release
B-I-L-C, that's your money tree
Business Interest Loan Credit, deductibility
[Verse 2]
Marcus bought a laptop with his business card
Interest charged monthly hit his statement hard
But every cent of interest on that purchase price
Becomes a sweet deduction, tax planning advice
Keep those statements filed, highlight every charge
Interest for business makes your savings large
[Chorus]
Business interest counts, write it down today
Lines of credit, loans - they all can pave your way
Credit cards for office, equipment that you lease
Interest portions qualify for tax relief release
B-I-L-C, that's your money tree
Business Interest Loan Credit, deductibility
[Bridge]
Equipment financing splits in two distinct parts
Principal and interest, know where each one starts
Principal builds assets on your balance sheet
Interest feeds expenses, makes your taxes neat
Mixed-use purchases need allocation care
Business portion only qualifies to share
[Verse 3]
Line of credit opened for her cash flow gaps
When clients pay slowly and the money snaps
Interest accumulating month by month she tracks
Every business dollar makes her taxes relax
Personal and business kept in separate lanes
Only business interest gives you tax-time gains
[Chorus]
Business interest counts, write it down today
Lines of credit, loans - they all can pave your way
Credit cards for office, equipment that you lease
Interest portions qualify for tax relief release
B-I-L-C, that's your money tree
Business Interest Loan Credit, deductibility
[Outro]
Save those statements, track each fee
Interest paid equals money free
Business purpose, documentation tight
Your deductions gleaming tax-time bright