Out on a slippery slope?

A recent report has claimed that a third of small to medium-sized enterprises are failing to find affordable credit. A bold statistic, but one that raises the question of what can go wrong with businesses when creditors lose confidence in them? It does not seem to take much to get banks running for cover with the current fragility of the banking system, and businesses need to think carefully as to how exposed they are. The loss of a key worker, either through death or serious illness could be the factor that brings that exposure about. The temptation for businesses to cut back on what...