Lord
Sugar has bawled out small businesses who depend upon credit lines
from banks as living in Disneyland. He may have a point. Once the
party of which he is a member has finished with us, our country may
be flogged to Disney and turned into a theme park. It is also an insult to Disney, a profitable entertainment corporation, with better debt management.
Leaving aside such reportage, small businesses must see that the credit and cashflow model creates a dependency upon banks. Their solution: a government bank. Their best solution is one that they create themselves, perhaps through narrow banks based upon a conservative lending policy and potential mutuality.
But they cannot think of weaning themselves off a bunch of teats.