The Reason You Are Not Getting Is Because You Are Not Asking?

According to recent information provided to the Bank of England by its network of regional agents, credit conditions are almost back to normal for larger firms, but smaller businesses are still finding it hard to secure bank lending - which will not, of course, be any great surprise to anyone who is trying to run a small business.

What was particularly interesting to me about the Bank of England's Report was the fact that it indicated that a proportion of smaller firms had given up hope of persuading banks to lend to them and had therefore ceased to ask for credit , and that it was that factor that was confirming the banking community in its belief that the demand for business credit was weakening.

Frankly, I believe that the demand for business credit would be seen to be stronger than ever were small businesses to be actively encouraged by the banking community to apply for credit - as opposed to being actively discouraged and all too frequently refused funds by organisations that were profligate and greedy in the past, and are now making up for it by being altogether too parsimonious.