Watching question time and for the umpteenth time heard some muttering idiot (Caroline Lucas) claim growth was held back because businesses can't borrow money.
Good businesses rarely need to borrow money. A good business makes profits. A good business should raise money, when required, from it's shareholders.
We have been through an aberrant period where business has raised money from banks rather than investors.
Many big companies sold their business premises and leased them back. How mad was that? Blowing your capital and increasing your overheads, the economics of the madhouse. They deserve to go broke.
We have done everything possible to run our businesses without debt. We do not have to pay interest to the banks. We don't care what the banks think of us. We are free.
Our only concern is should we be lending to the banks? Are they a safe place for our money?
Years ago I saw a statistic, bearing in mind that 93% of statistics are invented, that said 90% of owner operated businesses had no borrowings and had savings in the bank. The only sane way to operate.