This answer depends on who you ask and what your priorities are. There are two main debt payment strategies to choose from: the snowball method and the avalanche method. The snowball method prioritizes paying off the smallest debt first to feel a sense of accomplishment. The theory is that you will be inspired by paying off an entire credit card and that will push you to continue with your debt repayment plan. Meanwhile, the avalanche method tackles the card with the highest interest rate first, no matter the size of debt. You’ll likely pay less interest with the avalanche method, which is why some small business owners prefer it. The route you choose should depend on your circumstances and what will work best for you and your business.