Like many others I run what I believe is a successful company.
And as I started it myself with no cash behind me, and have never sought external investors, it is inevitably funded on credit and debt. Again like most other UK small and medium sized companies.
Our balance sheet is obviously positive, so as long as our clients pay us we can pay all our suppliers, all our salaries, all our bank borrowing, and still have some left over.
But my BIG QUESTION is what do we all do if the banks wont fund us?
My late Saturday night after a beer thinking aloud is we could all enter into an exchanging goods and services for some form of equity investment, all becoming investment banks without exchanging cash.
We all then have a vested interest in each others success?
Let me know if you think it is a good idea or yet another thinking aloud silly idea to keep the UK economy lubricated!