How we like the small and medium businesses get involved with the banks. A few years ago were our best friends and now they are something like our “bete noire”.
It is true that you never hear say, “I’m home.” We always hear: “The bank has taken away the house.” In fact banks are businesses and each of ours, the only difference shown with respect to our business, that when they have problems and difficulties, the State comes to protect them.
It is a substantial difference, of course. And probably if today we have spent years leading various projects, however different, had we known to start our own, we had proposed to set up a bank.
Because it that when things go wrong, allow you to go to the “single window” to borrow money at a guy and thereupon also allow you to place two, three or four times staying with such a difference, is a matter of the most attractive, really. For what we are going to cheat.
But I do not think all the blame that employers cast the banks are the banks themselves. From what I have read, long ago that banking is not as before.
In the case of Spain, since the relevant authority decided to decree that when a loan was “secured” did not have to provide it in the income statement and yet, those who did not have that “security interest” itself would have to provide them Since then, the bank stopped making of “you ready to give me back a little and because I think it will.”
Since that happened lend you money for working capital financies company as you grow, but only what you pay if you put your home as collateral. In short: “I care little your business, if I’ll be able to return or not, I care only the value of your home.”
The obvious conclusion to which it had to come and to which of course was that it was what finance businesses are different than houses: look at two things, the home and business, but what really is only interested the house.
Therefore, only better and especially finance related business houses. At first he studied the business itself to see if I could return the borrowed plus interest, from there went on to study both the business and the value of the house for that of the “collateral” and now only we study one, the real estate business, the house.
The business really matters little or very little, unless it is the business of a company already well established. But the fact is that we are small business entrepreneurs, with seemingly little time businesses consolidated.
As banking is not as original as people really little we and our businesses are small, if we have good homes free of charge, we can not lend money. This may explain a little problem that we have all been stuck.
And to make matters worse the houses suddenly no longer apply, there is no money to pay the bank, banks also fail to give back what they had taken short-term and protected by the security that gives the “security” had provided a very long term and short tap of credit to all: there is no money to lend. Just some money to continue paying high dividends, this year more than 2,200 million Euros, and speculation quickly cease operations also returns faster.
The business is not banking. The business is investment. We can not therefore blame the banks no longer provide. Have changed their business like we are forced to change as our circumstances change. But for now it remains curiously calling banks, when in reality, and increasingly less of it. And have the courage to do so and drive to do it in no time, really. My sincere appreciation. But my Mexican friends would say: “Gosh, how we are suffering!”
All that time and clearly say so far, has not changed is that people continue to place their savings in banks. That’s what allows them to continue calling banks and has had problems when governments have come to save them. I have not, however, not clear that in the future will be.
There will be others in the future that I think it is very close to those savings, surely the best and most attractively remunerated. So far the business has changed only to the banks for the assets side. It seems to me that soon will change the liability side.
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