A CFO plays a crucial role in managing a company's debt. They are responsible for optimizing debt levels to ensure the business can operate effectively while minimizing financial risk. A CFO can provide valuable insights into the company's financial position, assess the cost of debt, and evaluate financing options. By working closely with lenders and creditors, a CFO can negotiate favorable terms that benefit the company. Experts offering CFO services for small businesses provide access to the expertise needed to manage debt effectively.