In this powerful episode of Your Director’s Advocate, James Flaherty and Cheryl Stainsby pull back the curtain on the risky world of loan stacking—and the devastating traps many business owners unknowingly fall into. From slick FinTech ads to non-conforming lenders promising quick fixes, Cheryl explains how short-term, high-interest loans can spiral out of control when piled one on top of another. You’ll hear shocking real-world cases, including a $90,000 bridge loan that doubled to $180,000, and directors juggling millions across multiple stacked facilities. More importantly, Cheryl shares practical steps every business owner should take—reading the fine print, setting aside funds for legal advice, and building a clear exit strategy before signing anything. Whether you’re facing financial strain or simply want to protect your business from future risk, this episode delivers the knowledge and confidence you need to make smarter decisions. A must-listen for any director navigating today’s lending minefield.